eMarketer Lowers Airbnb Forecast - Competition increasing from hotels and online travel sites
While Airbnb has benefited from a surge in overall digital travel bookings, its growth is being hampered by increasing competition and guests' concerns over safety and security. As a result, in its latest forecast on shared lodging users, eMarketer has lowered its projections for Airbnb usage.
In 2018, Airbnb will have 38.4 million users in the US, up more than 13% over 2017. However, in its last year, we projected Airbnb would have 43.2 million users this year. In fact, we're now expecting Airbnb to add just 6.1 million users in the US by 2021, far fewer than the 17.6 million previously predicted.
