Report says Shared spaces in hot demand among travelers
- Hotel Booking System
Aug 11, 2015
A new report has revealed that almost one in 10 travelers from the US, UK, and significantly more in Europe, Australia and key developing markets rented a shared space in a private home in 2014. Furthermore, travelers aged under 35 accounted for 15 percent of the shared space rental market, while those aged 35+ represent 53 percent. 22 percent of shared space renters are aged 55+.
The Global State of Shared Space’ report, published by Homestay.com, is based on a global consumer survey of more than 8,000 travelers across eight major travel markets as well as a series of interviews with industry experts and companies involved in shared space accommodation. The report found that many travelers choose shared space rentals because they want a culturally immersive travel experience that may include meeting the locals, language practice or authentic, personal encounter with the hosts’ culture.
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