Airbnb reports explosive growth in Colorado

The online marketplace is seeing growth worldwide

DENVER -- Airbnb’s popularity is exploding here in Colorado and worldwide.

Boulder saw 54 percent growth in usage of the rental platform from 2015 to 2016, according to Airbnb.

The online marketplace that allows you to rent your home out or book short-term lodging, instead of a hotel, is booming all around the world.

Many people say it's now the only way to travel.

"You get to see how you might live if you actually lived there," said Mike Socha, an Airbnb host and user.

“We like to help people who are traveling here to see things they don't normally see,” said Mike's husband, Matt Socha. “We can make suggestions about things they might not otherwise know about.”

Some cities in Colorado have seen more than 100 percent growth year-over-year.

If you plan to explore the idea of hosting, check with your city offices about local regulations.

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