AirBnB continues its impressive growth. It is estimated that AirBnB will, in time, surpass hotel reservations. This might not be in the distant future, as AirBnB bookings are expected to exceed those of even the large hotel chains in the next few years.
Why the growth? AirBnB bookable rooms have dramatically increased to over 1,000,000 from just 300,000 in just a year, greatly improving availability. While popular with tourists, it's not expected to gain much support from business travelers.
More on this story from TravelPulse at this link.