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Recently, we found that in San Francisco, Airbnb is close to matching hotels in terms of occupancy rates (Airbnb occupancy locally last week was 87%). Therefor
by andrewkitchell 12y ago
Recently, 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.