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Airbnb Occupancy Rates are catching up with Hotels
- andrewkitchell 12y agoRecently, we found that in San Francisco, Airbnb is close to matching hotels in terms of occupancy rates (Airbnb occupancy locally last week was 87%). Therefore, we wanted to examine whether this figure represents an anomaly or a trend. TL;DR: we think its possible mature Airbnb markets will begin to match local hotel occupancy rates sooner rather than later.
- jgoyette 12y agoInteresting findings, Andrew. I'm not surprised by your results, and only expect to see the number increase. Keep us posted with more analyses like this one--especially around pricing.
- pkaye 12y agoI'm guess in expensive cities, the occupancy rates will be higher since visitors are more likely to look for deals.
- th3encarta 12y agoHello Andrew, Can you share your source of data?