... Travel is one of the most elastic industries. Entire theme parks here in Orlando close down during the summer because travel always dips. What I'm saying i

... Travel is one of the most elastic industries. Entire theme parks here in Orlando close down during the summer because travel always dips. What I'm saying is that AirBnB is not a large enough factor to impact the overall market size. For a quick snap shot, I looked up number of American's that AAA predicts will travel on the 4th of July ever year. In 2011 the number was 39M[1], in 2016 it was 43M[2]. Not really that big of a difference. AirBnB does make travel more attainable for the non-traditional worker[3] (such as students), but students won't rapidly expand an industry. [1]http://newsroom.aaa.com/tag/independence-day-travel-forecast/ http://newsroom.aaa.com/tag/independence-day-travel-forecast... [2]http://newsroom.aaa.com/2016/06/aaa-americans-will-take-trips-ever-independence-day-weekend/ http://newsroom.aaa.com/2016/06/aaa-americans-will-take-trip... [3]http://blog.airbnb.com/economic-impact-airbnb/?_ga=1.115674822.1940512795.1462906962#new-york http://blog.airbnb.com/economic-impact-airbnb/?_ga=1.1156748...