InvestGrail
  • Top FX EAs
  • Investing 101
    • Crypto
    • Options
    • Forex
    • Stock Market
  • Strategies
    • Day Trading
    • Swing Trading
    • Arbitrage
    • Investing
    • Options
  • Analysis
    • Technical Analysis
    • Fundamental Analysis
  • Reviews
    • Online Brokers
    • Forex Expert Advisors
    • Crypto Robots
    • Investing Apps
  • Top Articles
    • Best Forex Robots – Top 6 FX EAs 2022
    • Best Desktop Crypto Portfolio Trackers
    • Best 6 Forex Brokers That Accepts Crypto Deposit for Trading
    • The Best Copy Trading Platforms List: Pros, Cons and Comparison
    • Top 5 Best Coins to Mine for Beginners
    • Top 5 Best Gaming Crypto Coins to Participate

Only 4% of Americans are considering Airbnb for their next vacation according to a survey from forex giant Travelex.

As part of the PR around its 40th anniversary, Travelex asked more than 2000 “census-representative” American adults about their leisure travel plans for the year. The survey was carried out last month.

Discover 10 Best FX EAs That Are Worth Investing

Its finding that only 4% will use Airbnb for their next vacation is the stand-out statistic as it adds to the generally confused picture about just how popular Airbnb is with travellers (rather than the investment community).

Pulling out the findings for Airbnb’s typical customer doesn’t help much. Travelex found:

“Airbnb does rank higher among young professionals with 8% of those aged 25-34 years old planning to book their next trip through the site, although this is still less popular than hotels, all-inclusive resorts or bed & breakfasts.”

Share this quote

The 4% figure is a shocker when compared to what marketing tech firm Rocket Fuel said at the start of the year:

“Travellers from Germany and Spain are the most frequent customers of Airbnb with 35% having used the service in the last year, followed closely by 34% of French and Italians. The take-up from UK travellers is one in four.”

Share this quote

Even taking into account geographical and methodological differences between the Rocket Fuel and Travelex surveys, that is a big gap between what Europeans were doing last year and what Americans will do this year.

And while the Travelex survey is about leisure, the 4% figure sits uneasily with some of the soundings coming out of the corporate sector. Certify looked at US road warriors’ expense claims and found that Airbnb grew by 259% in 2015 compared with the previous year.

Carlson Wagonlit recently said; “one-in-ten travellers on business are already using Airbnb, with the figure rising to 21% for millennials”.

A recent survey of travel buyers for London’s Business Travel Show found that 20% of those asked said their travellers were using Airbnb (or Airbnb-type) accommodations.

On the other hand American Express Global Business Travel chairman Greg O’Hara told the Phocuswright conference last November that Airbnb was not blipping the radar of blue-chip corporate clients.

The Travelex survey also offers some comfort for the chain hotels, with 23% of the sample saying they will stay in an branded property. So if these travellers prefer a Marriott for their leisure break then it seems unlikely the same cohort would opt for Airbnb for a business trip.

The usual caveats apply – perhaps the preference for branded hotels reflects the finding that 41% will be travelling overseas and want the reassurance of knowing exactly what they will get.

As context: Airbnb was set to to double bookings to 80 million worldwide this year, according to an investors report seen by Reuters.

The private company doesn’t release official totals. But the WSJ reports investors expected it to process $2.2 billion in bookings this year, which compares with a likely figure of more than $170 billion in bookings by hotel companies in the US for the year, according to Statista.

The online survey was conducted for Travelex by Survata of 2,003 census-representative US residents in January 2016. The company commissioned a similar online survey from YouGov of 2,258 census-representative US residents in October 2015.

Critics may point out that a “census-representative survey” may be prone to taking into consideration a broad swathe of the population that doesn’t travel much except to visit family relations and, even then, prefers more traditional types of travel.

Nonetheless, the 4% figure is strikingly low and suggests that Airbnb might not take over the world. That is, until the next survey comes out. Watch this space!

NB:Image by Shutterstock

Discover 10 Best FX EAs That Are Worth Investing
Share
0
FacebookTwitterPinterest
previous post
Tinubu has changed narrative of NDDC, says Ogbuku, MD

Related Posts

Tinubu has changed narrative of NDDC, says Ogbuku,...

07/07/2025

What happens if $FUN hits $0.10? Price scenarios,...

07/06/2025

AAS MINER Announces the Launch of an Innovative...

07/05/2025

Is Strategy Stock (MSTR) Still a Buy After...

07/04/2025

Sberbank’s CEO not keen on Russia’s digital ruble...

07/03/2025

Newsroom Panama

07/02/2025

$69.5 Million Bitcoin ETF Holder Files for IPO

07/02/2025

Strong Ethereum Accumulation Detected: LTH Buying Heavy During...

07/01/2025

Economic Calendar for the Week of June 29th

06/30/2025

$TRUMP and other meme coins won’t be protected...

05/31/2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

7  +  1  =  

Recent Posts

  • Has the Airbnb bubble burst?
  • Tinubu has changed narrative of NDDC, says Ogbuku, MD
  • What happens if $FUN hits $0.10? Price scenarios, holder behaviour, and post-breakout plans
  • AAS MINER Announces the Launch of an Innovative Free Cloud Mining Mobile App for Crypto Enthusiasts Worldwide, Opening a New Era of Digital Asset Mining
  • Is Strategy Stock (MSTR) Still a Buy After a 210% Jump?

Top Articles

  • The Best Copy Trading Platforms List: Pros, Cons and Comparison

    06/28/2022
  • Best 5 Silver Backed Cryptocurrency to Buy Right Now

    05/09/2022
  • Desktop Crypto Portfolio Tracker: Best 5 for Investing & Active Learning

    04/23/2022
  • Top 5 Best Coins to Mine for Beginners

    10/04/2021
  • Best Forex Robots – Top 10 FX EAs 2022

    10/04/2021

Categories

  • Analysis (17)
    • Fundamental Analysis (9)
    • Technical Analysis (8)
  • Investing 101 (112)
    • Crypto (66)
    • Forex (8)
    • Options (6)
    • Stock Market (32)
  • News (140)
  • Reviews (183)
    • Brokers (7)
    • Crypto Robots (26)
    • Forex Expert Advisors (138)
    • Forex Signals (2)
    • Investing Apps (9)
  • Strategies (90)
    • Arbitrage (12)
    • Day Trading (25)
    • Investing (18)
    • Options (13)
    • Swing Trading (19)
  • Top (7)
  • Uncategorized (5)
  • Home
  • Contacts

@2023 - All Right Reserved. Investgrail.com

InvestGrail
  • Top FX EAs
  • Investing 101
    • Crypto
    • Options
    • Forex
    • Stock Market
  • Strategies
    • Day Trading
    • Swing Trading
    • Arbitrage
    • Investing
    • Options
  • Analysis
    • Technical Analysis
    • Fundamental Analysis
  • Reviews
    • Online Brokers
    • Forex Expert Advisors
    • Crypto Robots
    • Investing Apps
  • Top Articles
    • Best Forex Robots – Top 6 FX EAs 2022
    • Best Desktop Crypto Portfolio Trackers
    • Best 6 Forex Brokers That Accepts Crypto Deposit for Trading
    • The Best Copy Trading Platforms List: Pros, Cons and Comparison
    • Top 5 Best Coins to Mine for Beginners
    • Top 5 Best Gaming Crypto Coins to Participate