Airbnb is becoming a real threat to the hotel business in big US cities

Airbnb’s US bookings are disproportionately concentrated in the top metropolitan markets, according to a report from Bank of America Merrill Lynch. While the top 10 markets account for only 13% of bookings at traditional hotels, those markets make up 40% of equivalent bookings for Airbnb.

from HOTELMARKETING.COM http://ift.tt/1R6tNDJ