Is travel the strongest part of the U.S. economy? “Traveling for work is up significantly year-over-year according to social media mentions. However, booking a hotel, flying for leisure, international travel, and taking a trip are not up as much as they used to be. The Airbnb (ABNB) story is how hotels and travelers have responded to the disruptor in the space. Hotel consumers seem to have higher purchase intent and consumer happiness versus Airbnb (ABNB) consumers,” says LikeFolio’s Andy Swan. Kevin Hincks and Alex Coffey weigh in on Airbnb costs and fees.
14 Feb 2023