Due to the heatwave, Airbnbs are facing increased competition from hotels as tourists seek cool spaces, driving up demand and searches.
1 report, 1 independent
Updated Jun 27
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What happened
Due to the heatwave, Airbnbs are facing increased competition from hotels as tourists seek cool spaces, driving up demand and searches.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Airbnb
American online platform for rental accommodations
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booking.com
website and mobile apps for booking accommodation
Nothing else this week.
Related events
- Airbnb is facing criticism for its business model, as it is seen as encroaching on the traditional hospitality market, challenging small businesses and B&Bs.
- Rise in holiday rentals is causing local disruption.
- Market skepticism is emerging regarding the overall value proposition of short-term rentals.
- Short-term rentals are utilizing platforms like Airbnb in Hampton.