Opinion / Venetia Rainey
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Last week Airbnb announced that its website is now fully functional in Arabic, further opening up the world’s biggest home-sharing platform to new travellers and hosts ahead of a planned IPO this year. But how much more mileage does the sharing hospitality industry have left in it? Numerous crackdowns by cities from Amsterdam to New York are starting to dent its growth and it’s facing increasing competition from the likes of Booking.com and Expedia. Plus, as prices in many cities start to feel similar to proper hotels but minus the service, Airbnb is starting to look less and less attractive.
Good. Just as the death of physical retail was over-exaggerated, so too was the demise of the hotel at the hands of such companies (and when you stay in a good one, it’s obvious why). Sparkling clean rooms, a friendly face to help at any hour and the knowledge that you’re not helping drive up rents? Book us in.