With the hospitality industry still riding the wave of uncertainty through the COVID-19 pandemic and all its ramifications, Transparent & Amadeus have taken a minute to understand the demand outlook in hotels and vacation rentals across the globe.
Airbnb has positioned and acquitted itself as THE alternative to hotels. Synonymous though it is with vacation rentals, Airbnb faces competition from big budget companies. While the biggest threat to Airbnb’s revenue is a fall in reservations, the most likely driver of this scenario is competition. The strength of Airbnb’s competitors therefore carries big weight in the forthcoming Airbnb IPO.