The emergence of a home away from home…

PUBLISHED BY: The emergence of a home away from home… POSTED ON: Saturday 02, 2017

The emergence of a home away from home…

PUBLISHED BY: The emergence of a home away from home… POSTED ON: Saturday 02, 2017

With a valuation of $30 billion, Airbnb is now worth approx. $7 billion more than the next most valuable hospitality company – Hilton Worldwide ($23.33 billion). It is also nearly worth more than Hilton and Hyatt ($6.87 billion) combined ($30.2 billion). This is rather extraordinary for a company that started in just 2008, and is now the world’s largest accommodation provider, despite not actually owning any real estate!

As a much larger share of the market is being taken up by Airbnb – hotels, bnb’s and other accommodation providers have now got to be dynamic in the market in order to survive. Marriott Hotels have already started the concept of turning hotel rooms into apartments to rival Airbnb (Read more).

In terms of furniture, Airbnb properties need strong, design-led furniture just as much as any hotel chain, due to how frequently it gets used and badly it gets treated. I believe the needs of domestic and contract furniture are getting closer together, with hospitality outlets needing to entice customers to get out the comfort of their own home, as well as offer strong practical solutions that are “fit for purpose”.


Watergate Bay Hotel – View Project

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ABOUT THE AUTHOR

What do you do at UHS?

Provide graphic design content for brand publications, website development and social media engagement.

What do you do outside of UHS?

Go for walks along the Thames with my dog, brush up on my Table Tennis skills so Elston doesn’t beat me and follow the mighty Arsenal!

What is your favourite food?

Pasta… can’t beat carbo-loading!

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