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Look out, hotels: Airbnb means business

from By Archita Datta Majumdar

This summer, Airbnb announced its formal foray into the business travel industry by signing a partnership with Concur. The company looked at the big data and saw how business travel could be a lucrative source of revenue. Airbnb designed a portal specifically for this purpose, making it easier and more tempting for businesses to book rooms through them. Since then, Concur officials have stated that the growth in the use of Airbnb by business travelers has seen a meteoric rise this year, not just for domestic destinations but for international travels as well. more

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