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Taking A Sharing Economy Approach To Hotel Booking

PYMNTS

They can then choose the regions or neighborhoods in which they are comfortable staying, and pay for their room with a credit or debit card via Stripe. The company’s target market includes Gen Z and millennials. Travelers start by visiting the Roost site, which displays events and cities.

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Coachella By The Numbers Looks More Like Cashella

PYMNTS

However, there are only about 16,000 hotel rooms in the region and 125,000 concertgoers who need a place to sleep. Many attendees book a hotel room if they’re able, and nearby hotels seize the opportunity, with some as far as 30 miles away attracting thousands of festivalgoers with pre-party events.

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