Airbnb is planning to focus on expanding its business in the Asia-Pacific market, according to its co-founder. Nathan Blecharczyk, who is now the company's chief strategy officer, is reported as saying that higher discretionary income in the Asian population is driving up travel. This is supported by data from China, where the number of outbound travellers increased by 6% in 2016. Airbnb faces competition from Tujia in China, where Airbnb has over 400,000 listings, while Tujia has around 100,000.
Airbnb is planning to focus on expanding its business in the Asia-Pacific market, according to its co-founder. Nathan Blecharczyk, who is now the company's chief strategy officer, is reported as saying that higher discretionary income in the Asian population is driving up travel. This is supported by data from China, where the number of outbound travellers increased by 6% in 2016. Airbnb faces competition from Tujia in China, where Airbnb has around 100,000 listings, while Tujia has over 400,000.