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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
TechAirbnb

Airbnb Says Business Travelers Increasingly Mix Work and Fun

By
Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
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January 22, 2016, 9:00 AM ET
Airbnb MGM Grand Signature Las Vegas
An Airbnb listing at the MGM Grand Signature in Las Vegas, Nevada.Courtesy of Airbnb

Business travelers who use Airbnb instead of staying in a hotel are increasingly turning their trips into mini-vacations, according to Airbnb.

The San Francisco company released new data on Friday about its business travel customers and their increasing habit of mixing work with pleasure. It’s a trend the company has given a name: “b-leisure” or “business-leisure.”

As evidence, Airbnb says that business travelers who book through its service stay an average of 6.8 days per trip, twice as long as typical for business travelers staying at hotels. It argued that part of the reason for the longer stay is that its service is an average of 30% cheaper than traditional accommodations like hotels and inns.

Of course, the study is self-serving for Airbnb. The company commissioned the hospitality consulting firm CWT Solutions to come up with the results.

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Six months ago, Airbnb introduced a revamped dashboard for helping company travel managers better track and manage employees’ bookings through the service. Since then, more than 50,000 employees from 5,000 companies have booked lodging through the new dashboard, the company said.

Airbnb’s findings are not surprising given overall trends in business travel. Employees are increasingly turning to non-traditional services when traveling or just to get around town. Earlier this week, expense software company Certify released a report showing that business travelers took more Uber rides than taxi rides and car rentals in the fourth quarter of 2015.

And according to Certify’s data, workers are filing far more expenses for Airbnb stays than ever before. Last year, expense filings for Airbnb accommodations grew 259%.

 

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By Kia Kokalitcheva
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