Airbnb And The Hotel Industry

Airbnb Goes After Business Travelers With New Booking Tool - Bloomberg

Excerpt from Bloomberg

The home-sharing upstart expects corporate travel on its site to quadruple this year.

Since debuting in 2008, Airbnb Inc. has marketed itself to adventurous vacationers looking for unique and cheap accommodations. Next week, the San Francisco-based travel upstart will get a bit more buttoned up.

Airbnb plans to introduce a search tool designed for business travelers. The feature will allow professionals to filter homes and apartments that Airbnb has deemed Business Travel Ready. To qualify for a BTR listing, as the company calls it, the dwelling must have a desk, Wi-Fi, self-check-in through a doorman or digital lock and various amenities you'd expect at a hotel, like free shampoo, a hairdryer and iron.

There were 250 companies signed up with Airbnb to book and manage business travel in 2015. Last year, the number of people using the site for business purposes tripled and is expected to quadruple this year, said David Holyoke, the head of Airbnb's business travel division. There are now more than 250,000 companies using it, including Alphabet Inc., Domino's Pizza Inc. and Morgan Stanley. 

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