Travelers are booking trips online again, but they mostly want the same thing: Not a hotel

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Date

2021-05-20

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Journal ISSN

Volume Title

Publisher

MarketWatch

Abstract

Airbnb continues to project positive business forecasts heading into the summer travel months. However, Bookings.com and Expedia are quickly on their heels and ready to increase their U.S. footprint. Short-term rentals, specifically Airbnb, will be better positioned than hotels, until group and business travel recovery within the United States. Although short-term rentals are increasingly popular, regulations could be the downfall, much like they currently are in New York and San Francisco. Bookings.com and Expedia continue to do better comparatively than Airbnb within the stock market.

Description

Keywords

Airbnb, Short-term rentals, Hotel Industry, Expedia Group, Bookings.com

Citation