Airbnb Redefining Travel

In case you haven’t heard, the startup company Airbnb is making waves within the the travel industry. Airbnb is part of the growing ‘sharing economy’ in which people offer up their homes, apartments or spare bedrooms for rent, allowing people to travel the world and stay in authentic places as opposed to traditional hotels. Since launching seven years ago, Airbnb has now served over 35 million and has over 1.2 million listings available throughout 190 countries. It truly is remarkable how much this business has grown. But now the company is facing an influx of regulatory issues as this new service changes the way people travel. David Kong, an HNN columnist has a great new article which discusses whether this fast growing company is a real threat to the business of hotels.

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