June 25, 2017

Airbnb returns fire in battle with hotel industry

Apple iPhone 6s with Airbnb website on the screen
Copyright: asawinklabma / 123RF Stock Photo

In an escalating war of words with the lodging industry, Airbnb on Thursday released a report documenting what it claims is price gouging by hotels during the Memorial Day weekend.

Its analysis concludes that last Memorial Day weekend consumers staying at 21 U.S. destinations, including San Diego, saved $12 million by using the Airbnb platform for a home stay instead of reserving a room at a hotel.

The San Francisco-based company is projecting that this holiday weekend, the average savings for a single Airbnb booking over three nights will be $276, although the company acknowledges it does not have current hotel pricing data for each of the 21 locations it analyzed.

“Despite four years of record profits, the big hotel chains are targeting people who share their homes because they want to continue exploiting their control  […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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