{"id":20963,"date":"2019-10-24T12:07:28","date_gmt":"2019-10-24T12:07:28","guid":{"rendered":"http:\/\/www.ceo-na.com\/?p=20963"},"modified":"2019-10-24T17:08:34","modified_gmt":"2019-10-24T17:08:34","slug":"breaking-through-to-the-other-side","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/ceo-life\/travel\/breaking-through-to-the-other-side\/","title":{"rendered":"Breaking through to the other side"},"content":{"rendered":"

Experts begin to see Airbnb as a palpable threat to the hotel industry.<\/p>\n

<\/p>\n

Airbnb is not joking around, it really aims for the gold.<\/p>\n

According to recent data, the US hotel industry brings in more than\u00a0$200 billion in revenue<\/a>\u00a0a year, however, 2018 meant a significant milestone for the company because it gathered nearly a fifth of consumer bookings going through the service in the United States during last year.<\/p>\n

This is truly outstanding after noting that the app only considers its revenue to be the fees it gets from renters and travelers, not the gross bookings.<\/p>\n

Statista data shows<\/a> that major hotels\u00a0made up around 70% of consumer bookings during 2018, a drop from 94% five years ago, while Airbnb, in that same span of time, has managed to go from 3% of the market to nearly 20%.<\/p>\n

Costumer Airbnb spending is catching up to Marriott, the\u00a0world\u2019s largest hotel company, which added to its revenue by acquiring Starwood hotels in 2016.<\/p>\n

\"\"<\/p>\n

The keys to success<\/h2>\n

Out of all US consumer lodging spending last year, Airbnb made up nearly 20%, according to Second Measure data. HomeAway, its home-sharing competitor owned by the travel booking site Expedia, brought in 11%.<\/p>\n

But what are the keys to success?<\/p>\n

The company\u2019s willingness to evolve and diversify its revenue, moving from a room sharing service into more of a hybrid hotel-lodging company, is really what has the company blowing sky-high. As it\u00a0branches out more directly into the hotel space, offering boutique spaces and other varieties, the app can only grow up.<\/p>\n

Click here to see\u00a0the most active cities<\/a> on the app.<\/p>\n","protected":false},"excerpt":{"rendered":"

Experts begin to see Airbnb as a palpable threat to […]<\/p>\n","protected":false},"author":9,"featured_media":20966,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1069,49],"tags":[1264,463,99,1385,1977,1978,95],"class_list":["post-20963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-choice","category-travel","tag-airbnb","tag-app","tag-ceo","tag-ceo-northam","tag-consumer-lodging","tag-lodging-market","tag-travel"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=20963"}],"version-history":[{"count":5,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20963\/revisions"}],"predecessor-version":[{"id":21477,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/20963\/revisions\/21477"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/20966"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=20963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=20963"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=20963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}