Small Companies Have Embraced Airbnb for Business Travel
Skift Take
Small companies are leading the charge when it comes to using Airbnb for business travel. Lower prices when compared to hotels, and accommodations with better locations in pricy cities, have no doubt contributed to the trend.
For many reasons, it's now commonplace for business travelers to experiment with shared accommodation services like Airbnb. New research from Concur shows that small companies are more likely to use Airbnb, in particular, and more likely to spend only a limited amount on the service.
Concur looked at more than 320,000 Airbnb expenses totaling $77 million over two years, and found that early adopters of the service have worked in the fields of technology and higher education.
"Airbnb has drawn the majority of its business revenue from travelers in the technology and academia sectors," claims the report. "In Q2 2016, eight of the top 20 spenders
