Airbnb is becoming an even bigger threat to hotels, finds Morgan Stanley

Airbnb is becoming an even bigger threat to hotels, finds Morgan Stanley The report, called “Who will Airbnb hurt more – ootels or OTAs? … one year later” says the threat is greatest for hotels because “Airbnb usage has increased more than we thought it would and cannibalization of traditional hotels has also been higher.” Source: Hotel Marketing Airbnb is becoming an even bigger threat to hotels, finds Morgan Stanley

UK: Business travel spend expected to rise in 2017

UK: Business travel spend expected to rise in 2017 The number of business travel buyers with higher budgets is on the increase for the first time in four years, according to the seventh annual Business Travel Show forecast. One third of buyers will have more to spend on accommodation in 2017, while 77% of buyers still do not plan to use Airbnb. Source: Hotel Marketing UK: Business travel spend expected to rise in 2017