Think it would be weird to stay in a stranger’s home instead of a hotel while on vacation? Judging by the rapid growth of Airbnb, millions of people are already cozying up to the concept.
The San Francisco-based startup, which allows you to make rooms in your home available as though it were a hotel, announced on Tuesday that it reached 10 million guest nights booked within the last 12 months. This is a huge accomplishment, as the company said it had reached five million nights booked less than six months ago.
In the U.S., about 4.4 million nights have been booked, which is a 300% jump from this time last year. Although demand for Airbnb accommodations in the U.S. has increased 240% in the last year, it also has 95,000 listings in Europe alone and 20,000 properties across Central and South America.
According to Airbnb, those from the U.S. are the most active users on the site. Of the 35,000 people that are staying in an Airbnb spot right now, about 15,000 traveled from the U.S., followed by 3,000 from the U.K. and 2,500 from both Germany and Australia…Read More