The many challenges of the private rental boom - Part 1

8 min reading time

Published on 03/11/22 - Updated on 23/10/24

Airbnb

The hospitality sector is evolving rapidly and is constantly welcoming new actors, each bringing their own concept that is supposed to meet the needs of consumers. In recent years, all professionals have witnessed the boom in private rental accommodation, particularly that of the American giant Airbnb. While travellers are delighted to have a wider choice of accommodation to stay in, tourism professionals are not entirely of the same opinion. Numerous regulations are therefore being introduced to control the frenetic development of this new offer.

The rise of private renting of furnished accommodation While hotel operators are just beginning to return to profitability in the wake of the health crisis, Airbnb reported its second most profitable quarter to date with revenues of $2.1 billion. Airbnb has benefited from increased consumer spending...

Marriott International

Marriott International

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  • Marriott International United-States
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