Group meetings – Air BNB growing as a quality option for business travel
- By Jessica Elmore
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- 04 Nov, 2017
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What Travelers Want
Air BNB Business Model
The Air BNB business model already lends itself to this change in preferences. However, there is still the practicality issue due to the large-scale needs of business professionals. Meeting planners have more options at hotels, but Air BNB is creating tools to help with the booking process. Additionally, where hotel blocks are sold out, Air BNB is a practical alternative.
In 2014, Air BNB integrated with Concur TripLink to allow those already using their service to “book Air BNB listings directly”. This resulted in increasing Air BNB’s visibility significantly. In addition, Air BNB started to market itself to business travelers through embedded listings and in the packets provided at events. Also, Air BNB bought the vacation home rental company, Luxury Retreats, increasing group meeting locations significantly.
Air BNB for Meeting Planners
During the pandemic, thousands of pilots were offered early retirement packages in order to cut labor bills due to the lack of travel demand. Now that travel for pleasure and business is rebounding from the pandemic, approximately 14,000 flights in the US were recently cancelled or delayed due to the lack of pilots, carriers, and other staff.
