Cost savings achieved by using peer-to-peer accommodation services make it possible for travellers to broaden the selection of destinations and the number of trips, new research shows.
Meanwhile, the social aspects of using accommodation services such as Airbnb inspire people to travel more in general and to stay in their destination for a longer period of time.
Financial savings – together with tips from hosts – also increase tourists’ activeness in their destination, according to the study by the University of Eastern Finland and Washington State University.
Users of peer-to-peer accommodation services frequently interact socially with their hosts, and accommodation is a cost-effective alternative to hotels.
The availability of peer-to-peer accommodation in the destination increases the number of tourists, makes them stay for a longer period and increases the demand for tourism-related services and activities, the report found.
The popularity of peer-to-peer accommodation services has witnessed rapid growth throughout the world.
Airbnb offers accommodation services in 190 countries and in more than 34,000 cities. There are more than 60 million Airbnb users around the world, and its popularity is not showing any signs of decline.