India has the potential to be the largest market for the company by 2028, said Chris Lehane, Head of Global Policy, Airbnb.
“This place is going to be a huge and significant part of our business. Just look at what has happened in the last year or two, we have triple digit growth, I think we have 100% growth year over year from last year to this year," he said.
Lehane said the company has 31,000 listings in India alone, and if compared that to the hotel industry, that would make us the number one player, "We do not necessarily think that we are competing with the hotel industry, but just to give you a reference point."
Online home sharing platform Airbnb is bullish on the India market. The company has laid out a global business roadmap for the next 10 years and expects India to contribute significantly to growth.
First Published:Jun 8, 2018 6:33 PM IST