A New Era of Lodging: Airbnb’s Impact on Hotels, Travelers, and Cities

Featuring Commentary by Alexander Mirza

Fig 1: Airbnb launched the Trips platform in 2016 to entice customers with more immersive experiences with their hosts.

AIRBNB, A NEW KIND OF HOSPITALITY SERVICE

The Attraction of Airbnb: Convenience, Cost, and Experience

Fig 2: Largest Lodging Companies by Listings. | Source: STR Airbnb Report 2016
Fig 3: Largest Lodging Companies by Listings less unavailable, shared room, private rooms and large listings. Source: STR Airbnb Report 2016

AIRBNB’S IMPACT ON HOTELS

Fig 4: ADR Premiums on Compression Nights in the U.S. | Source: STR Airbnb Report 2016

HOTEL INDUSTRY RESPONSES: LIMITED SERVICE HOTELS, EFFICIENT DESIGN, AND TECHNOLOGICAL ADVANCES

Fig 5: Yotel combines efficient room layouts with a technology-based interface. | Source: Yotel.com

IMPLEMENTATION OF TECHNOLOGY

Fig. 8: Starwood Keyless Application | Source: My SPG
Fig. 9: Upscale Kimpton Hotel chain introduces bunk bed rooms, increasing revenues per square foot. | Source: The Basecamp Hotel in South Lake Tahoe, Calif., has bunk beds in 15 of its 74 rooms, some with twin beds stacked over queens. PHOTO: EVA KOLENKO

FURTHER EXPLORATIONS

Fig 10: Airbnb entire home listings in New York. | Source: Airbnb

REGULATORY AND LEGAL ENVIRONMENT

CONCLUSION

Commentary by Alexander Mirza

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