While it’s expanded well beyond that, in 2015, 70 percent of Airbnb’s full-home listings were studios, one-bedroom, and two-bedroom units, according to Airdna.21 So for the first time, short-term rentals were no longer just the big homes in lake, beach, or mountain destinations. They were in the apartment right next door in the heart of every city around the world. That’s what made the platform grow so fast, and it’s what makes the company so threatening to hotels. But it’s also why so many people who were initially drawn to Airbnb, both on the host side and on the guest side, weren’t
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