A new study from STR Global has concluded that despite its popularity , Airbnb is having no discernible effect on overall hotel occupancy rates , mostly because the brand is particularly popular in the city ’s suburbs where hotels are not significantly cheaper .
A new study from STR Global has shown that despite its popularity, Airbnb is having no discernible impact on Sydney hotel occupancy rates, mostly because the platform is particularly popular in the city’s suburbs where hotels are not significantly represented.