They created $632 million in economic activity just in New York in one year, and they supported 4,580 jobs throughout the five boroughs.
They have 500,000 properties worldwide.
They have found accommodation for 9 million guests worldwide (5 million in just the past nine months).
Over 150,000 guests stay in one of its members’ properties every night.
They expect to pass InterContinental Hotels Group and Hilton Worldwide to become the globe’s largest hotelier next year.
This is big news for the hospitality business and hotel brands specifically. The lodging industry needs to brace itself if it hasn’t already.
So, how are they doing so well so quickly? Here’s how they went from startup to market leader in just 5 years.
More Story at How Airbnb Is Crushing Traditional Hotel Brands. - Monday, 2nd December 2013 at 4Hoteliers
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