Airbnb an Unfair Competitor for Hotel Industry?

Airbnb is sometimes accused of offering up unfair competition to the hotel industry. Because Airbnb does not have to comply with the same legislation as hotels, the company is able to offer accommodation at a significantly smaller cost. Some even feel that Airbnb is replacing the traditional hotel industry. This chart shows that even though Airbnb in Amsterdam is growing incredibly fast (from 48 to 16,000 properties listed in the course of just seven years), it is by no means replacing the hotel industry. The number of hotel rooms also increased by nearly 9,000 in the same period. As ever more tourists visit the capital of the Netherlands, the end of this growth is not yet in sight.