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MinutePhrase ( MinutePhrase@lemmy.ml ) M to Science@lemmy.ml · 7 years ago

Airbnb’s explosive growth jolts hotel industry’s bottom line

news.fsu.edu

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Airbnb’s explosive growth jolts hotel industry’s bottom line

news.fsu.edu

MinutePhrase ( MinutePhrase@lemmy.ml ) M to Science@lemmy.ml · 7 years ago
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Airbnb's explosive growth jolts hotel industry's bottom line - Florida State University News
news.fsu.edu
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Hospitality service Airbnb is fast becoming the 800-pound gorilla that’s shaking up the hotel industry and forever changing it. New research from Florida State University finds Airbnb’s exponential growth worldwide is devouring an increasing share of hotel revenues and also driving down room prices and occupancy rates. “This is the first study confirming the negative […]
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  • Dessalines ( dessalines@lemmy.ml ) 
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    7 years ago

    Its doing a good job of raising all our rents too that’s for sure.

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