Airbnb And The Hotel Industry

Airbnb Just Checked in Its 500 Millionth Guest - Tech Crunch

Excerpt from Tech Crunch

For $181 per night, Airbnb guests can stay in a castle in Galway, Ireland.

Many have taken up the home-sharing business on this offer, with the company sharing today the castle supplies its most-booked private room. Along with that fun data point, Airbnb shared a slew of other stats indicating an upward trajectory for the 12-year-old company.

Most notably, Airbnb has just recorded its 500 millionth guest arrival across one of its 6 million homes, yurts, tree houses, boats and more.

Airbnb crossing the half-billion mark isn't surprising given recent aggressive expansion strategies. Valued at $31 billion, the San Francisco-headquartered business recently announced it would acquire HotelTonight in a deal reported to be worth roughly $465 million. 

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