Airbnb’s “easy growth” may be ending

A new survey by Morgan Stanley finds the originality of Airbnb is wearing thin

TRD MIAMI /
Nov.November 12, 2017 11:00 AM

(Back photo: Open Grid Scheduler/Flickr; front photo: Pixabay)

From TRD New York: For the time being, at least, Morgan Stanley believes the future for hotels is looking brighter, while the newness of Airbnb wears thin and safety concerns loom large.

A new Morgan Stanley survey showed Airbnb’s growth is slowing — a finding which resulted in the firm increasing its forecast for the hotel industry’s revenue per available room.

Though the number of travelers booking their accommodations through Airbnb is still rising, 80 percent of travelers are now knowledgeable of the service and many still choose other options. The finding makes Morgan Stanley’s Brian Nowak believes Airbnb has reached the end of “easy growth,” according to Barron’s.

The survey also found that an increasing number of respondents who hadn’t booked through Airbnb said they didn’t use the service because of concerns about safety and privacy. [Barron’s] — E.K. Hudson


Related Articles

arrow_forward_ios
The Julia hotel, Jesper Arnoldsso

SMS Lodging lists Miami Beach hotel after selling another for $21M

From left: Stambul’s Daniel Peña, Hotusa Group's Amancio López Seijas and Langford Hotel at 121 SE 1st Street (Credit: Google Maps and Hotusa)

Hotusa Hotels buys the redeveloped Langford for $37M

Miami Beach Mayor Dan Gelber and Natalie Nichols home at 1531 Stillwater Drive (Credit: Getty Images)

Miami-Dade judge strikes down Miami Beach short-term rental ban

Jeffrey Soffer and the Diplomat Beach Resort (Credit: Getty Images)

Jeffrey Soffer in talks to buy 1,000-room Diplomat Beach Resort for under $1B: report

Cavalier and Henrosa hotels with Susan Gale of One Sotheby’s International Realty

Two South Beach hotels hit the market for $42M

From left: Jay Roberts, Keith Menin andRussell Galbut

Russell Galbut, Keith Menin ink deal with short-term rental operator Domio

Rendering of the Moxy Hotel, Pierre Charalambides and David Grutman (Credit: Kobi Karp)

Wynwood is getting its own Moxy hotel

Regency Hotel Miami (Credit: Google Maps)

Regency Miami near Beckham’s planned soccer complex trades for $26M

arrow_forward_ios