Airbnb Rentals Nearly Double, Make Up 9% of U.S. Room Inventory
Airbnb rentals now account for 9% of lodging units in major U.S. markets, according to a new report by CBRE Hotels. About 16% of total lodging units in New York City are Airbnb properties as of September; in Los Angeles, Airbnb accommodations accounted for 12% of units.
Overall, the average number of Airbnb rentals doubled, to about 173,000 units, from October 2014 to September 2015. This compares to 55,000 hotel rooms added, up 1.1% in the last year.