I guess going from the demand side will be quite challenging so I'm trying to find a supply-side approach but I'm not very satisfied with what I've come up so far.
Many thanks !
I guess going from the demand side will be quite challenging so I'm trying to find a supply-side approach but I'm not very satisfied with what I've come up so far.
Many thanks !
Hi,
I would try to make an estimation from demand side:
I checked numbers for US and it seems that this approach has passed sanity check. What do you think?
(edited)
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Many thanks for your answser! I like your approach which is clear and MECE. I fear though that there may be a lot of estimates that would be hard for me to make precisely. I would have to guess for instance what is the % of Hotel stays vs Airbnb stays for leisure vacations etc. My first guess was to begin with supply ie #hotel x #rooms/hotel x occupation rate x average price /room x 365, but then estimating the number of hotels is quite challenging …. Anyway thank you for your answer, I think both approaches can work depending on which set of hypothesis you feel more secure dealing with !