Room blocks “a thing of the past” as Airbnb bites
The sharing economy is driving down the number of hotel room nights booked by meeting planners.
Figures from the International Association of Professional Conference Organisers (IAPCO) reveal the number of room nights booked by members (including associations, governmental and corporate) fell by 1.4 million to 2.43m in 2015.
IAPCO’s survey results indicated that the rise of delegates booking accommodation through short-term letting sites such as Airbnb, HomeAway and VRBO had prompted that decline.
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