Rooms portfolio to power Airbnb growth
Mint Mumbai|May 19, 2023
Airbnb, the American home and apartment rental platform, is now focusing more on its rooms portfolio in India as it enters its next phase of growth.
Varuni Khosla
Rooms portfolio to power Airbnb growth

Recognizing the substantial earnings potential in the rooms-only business, it aims to tap into this segment, especially considering the lower age demographic of its Indian customers, which includes millennials and Gen Z.

Amanpreet Bajaj, general manager for India, Southeast Asia, Hong Kong, and Taiwan, said India is a key growth market for the company in an interview with Mint.

"India is one of the most important geographies from a growth perspective for our company," he said, adding that the company has achieved domestic growth surpassing 2019 levels with a 110% increase in 2022, accompanied by 70% growth in nights bookings in the country.

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Diese Geschichte stammt aus der May 19, 2023-Ausgabe von Mint Mumbai.

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