'India key growth market for Airbnb as it aims to reach 1bn global users'

IANS  |  New Delhi/Colombo 

For online platform Airbnb, the Indian market is of strategic importance as the company targets a global user-base of one billion by 2028 from the current 300 million, according to a

Airbnb's for and Sri Lanka, told IANS.

said that that the provider would continue to invest in the medium to long term in the Indian market and so far it provides services for around 100 cities in the country with over 35,000 properties.

He further said: "At a global scale, we want a billion people to have used by 2028. If this number has to go from 300 million to 1 billion, you can't keep out. India will contribute very heavily in this."

In the process of providing services in the country, the said partnerships with and other government departments play a major role. The company has tie-ups with the Maharashtra Development Corporation and the North East Development Council.

"Â…Our partnerships with state governments are in the direction to make sure that there is an for everyone in the remotest part of India," said, adding that the firm also has a partnership with the for "creating more women entrepreneurs."

said the company had a target of creating 50,000 hospitality entrepreneurs by 2020 in India out of which it wants at least 15,000 to be women. In the process of creating entrepreneurs in the and hospitality segment, the company's "Experiences" platform would play a major role, he said.

The specialised platform offers tourists local such as adventure sports, cuisines, visit to small-scale industries including handicrafts among others in collaboration of local hosts and people having expertise in a particular craft, the company said.

The platform was launched in 2016 with 500 across 12 cities globally and now the platform offers over 15,000 in over 800 cities, Bajaj said.

The announced a partnership with the Tourism Development Authority to provide tourists with local and traditional experiences in the country through the "Experiences" platform.

Talking about the scope of the "experiences" platform in India, Bajaj said the service has been launched in and so far and the response has been positive.

"Because and were big markets in terms of Airbnb anyways, so we wanted to provide as well," Bajaj said.

In the company started with 20-22 experiences around a month and a half back and now it has increased to 40, and in Delhi, it provides around 50-60 experiences, he said.

Regarding competition in the hospitality market and coming in of more players in the alternative accommodation segment, Bajaj was of the opinion that more players in the segment would only create more options for travellers and eventually benefit the industry.

"Till the time we are creating options for consumers, everyone in the industry will benefit."

(Rituraj Baruah was in Colombo on an invitation from Airbnb. He can be contacted at rituraj.b@ians.in)

--IANS

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First Published: Thu, August 16 2018. 14:16 IST