Airbnb Doubling Year on Year In Australia

TT15 - Sam McDonagh, Airbnb, speaking at TRAVELtech 2015Airbnb’s Australian boss Sam McDonagh believes the company now has more than 2% of Australia’s total accommodation market with its business doubling year on year.

Mr McDonagh says Airbnb room nights grew by 190% in 2014 and expects 200% year on year growth in 2015.

This compares to overall accommodation market growth of 4%.

He estimates the size of the Australian accommodation market was 231,000,000 room nights in 2014 and is growing at 4%.

In Australia Airbnb is particularly strong among international visitors with 68% of its bookings coming from other countries; 32% domestic.

This compares with an overall market split of 10% international, 90% domestic.

Airbnb now has 55,000 Australian listings, up from 15,000 in 2013.

Mr McDonagh made the revelations while speaking at TRAVELtech 2015.

Meanwhile, next month municipal voters in San Francisco will reportedly be asked whether the number of short-term rental nights should be capped at 75, a move dubbed the “Airbnb initiative”.

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