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I'm concerned you casually ignore: Visitors (international and domestic) to New York City in 2009: 45.8 million Visitors (international and domestic) to New Yo
by opendais 12y ago
I'm concerned you casually ignore:
Visitors (international and domestic) to New York City in 2009:
45.8 million
Visitors (international and domestic) to New York City in 2008:
47.1 million
Guess when AirBnb became Airbnb.com and popular in NYC? 2009.
I realize correlation != cause but you are claiming a similar argument. Now, you could blame the recession...except it was 2008 when it was at its worst.
- spikels 12y agoThat's just cherry picking the one down year. 2009 was the worst of the recession and AirBnB was tiny in 2009 relative to today. As AirBnB grew so did visitors. Visitors (int'l & domestics) 2013: 54.3 million 2012: 52.7 million 2011: 50.9 million 2010: 48.8 million 2009: 45.8 million 2008: 47.1 million More interesting is that visitor spending and hotel prices and occupancy also did well. I agree that while none of this is definitive proof on anything. However it is not consistent with AirBnB seriously harming either hotels or visitors. Appears to be a win-win.
- opendais 12y agoOver 6 years = 54.3-47.1=7.2 2002-2007 = 46-35.3=10.7 Hmm. Now you can blame the great recession but growth did slow. So lets take 2011 to 2013 [after the Great Recession]: 54.3-50.9 = 3.4 And 2003 to 2005: 42.7-37.8 = 4.9 Notice the difference? You can't claim this supports your position without cherry picking the data. Its completely worthless.