These are the findings of a new report by STR, which compared the trends of hotel and Airbnb performance in a series of key global cities. As an example, Tokyo, which had high average hotel occupancy of 84.8% for the 12 months ending July 2016, also had the highest Airbnb occupancy level of the 13 studied cities, at 61.5%. While this may seem like a natural trend, it also points to conclusion that hotels and Airbnb accommodation complement, rather than compete with, each other. STR studied the accommodation sectors in Barcelona, Boston, London, Los Angeles, Mexico City, Miami, New Orleans, Paris, San Francisco, Seattle, Sydney, Tokyo and Washington DC, analysing its own hotel performance data alongside information provided by Airbnb. Overall, hotel occupancy was found to be significantly higher than Airbnb. Get the full story at Travel Daily Asia