Millennial travel buffs will drive Airbnb's growth in India, says co-founder
23 Feb 2019 3:51 AM GMT
Airbnb Inc. sees a huge growth potential in India on the back of a rising middle class and millennial travel buffs, shifting its focus to domestic travel.
- Millennial travel buffs will drive Airbnb’s growth in India, says co-founder Online homestay company Airbnb Inc. sees a huge growth potential in India on the back of a rising middle class and millennial travel buffs, shifting its focus to domestic travel in a “compelling” country.
- “Millennials are our real target audience,” Nathan Blecharczyk, co-founder and chief strategy officer, Airbnb, said in an interview.
- So far, Airbnb has received 1.8 million guests across its platform in India.
- Out of the total addressable market of India, three-fourths is domestic travel.
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