NEWS AND NOTES FOR THE MEETINGS AND CONVENTIONS INDUSTRY
Prime Time Convene goes
Hollywood! For more, see p. 27.
ON THE WEB
› Learn more about
San Francisco Travel’s
partnership with Airbnb
› For more information about Experient’s
Airbnb, visit convn.org/
Who’s Down With Airbnb?
With listings in more than 190 countries around the world, Airbnb is no longer in startup mode. The peer-to-peer rental company has welcomed more than 40 million guests since its founding in
2008 and expanded its listings from a couple of air mattresses on a floor
in San Francisco to more than 1. 5 million rooms, apartments, homes, and
In Airbnb’s most recent efforts to raise private funding, investors
indicated that they believe the company is worth a whopping $25.5 billion
— more than hotel giants like Marriott and Starwood. As the company
continues to add new listings and convert traditional travelers into shared-economy believers, one big question looms over the meetings industry:
What does this massive growth mean for the future of room blocks? ›
By the Bay San
Francisco is one of
the first cities in the
world to make sharing-economy companies
like Airbnb legal.