BUSINESS travel accounts for about a third of total travel spending in America, according to the U.S. Travel Association, an industry group. But Airbnb, a private firm which is probably the world’s second most valuable hospitality provider after Marriott, gets less than 10% of its business from people travelling for work. As the San Francisco-based company continues to expand, it’s pretty clear whom it will be targeting.
This week Airbnb is rolling out a new tool specifically for business travellers to book home rentals. All listings deemed “Business Travel Ready” (BTR) feature free Wi-Fi, a desk, soap, shampoo, a hairdryer, an iron and check-in with a doorman (or a digital lock). In other words, all the basic amenities of a hotel. The tool also allows companies to track their spending, receive invoices directly, and manage employees’ itineraries.
Even if it is still principally for vacationers, Airbnb has seen a surge in business travel…Continue reading