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The growth of Airbnb, Sonder, and other short-term rentals offers 3 key benefits for destinations, according to the CEO of a company that tracks 10 million listings around the world

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  • Short-term rentals like Airbnb have grown exponentially in the past few years, with global sales projected to reach $132.5 billion by 2022.
  • This growth has led to clashes between destinations and booking platforms about how best to regulate short-term rentals.
  • Last week, travel research company Skift held its first-ever Short-Term Rental Summit, where industry leaders gathered to discuss the impact, future, and regulation of these rentals.
  • The CEO of short-term rental analytics platform AirDNA, Scott Shatford, said that despite tensions, there are three major benefits to short-term rentals: They normalize prices during large events, distribute tourism spending, and read more >>>

    Source : BusinessInsider.Com

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