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Goldman Sachs: More and More People Who Use Airbnb Don't Want to Go Back to Hotels

Not a good sign for the hotel industry.
relates to Goldman Sachs: More and More People Who Use Airbnb Don't Want to Go Back to Hotels
Photographer: Andrew Harrer/Bloomberg

Airbnb is less than eight years old, but it has already caused massive changes in the way people travel. While consumers may have initially been hesitant to try the service, a new survey from Goldman Sachs Group Inc. shows that once they switch, they don't go back to hotels. 

According to a note sent out by Steven Kent and his team, a recent survey of 2,000 U.S. consumers had some pretty troublesome findings for the hotel industry.