Hotels vs. Airbnb: Has Covid-19 Disrupted the Disrupter?
Airbnb, born in 2008, famously disrupted the hotel industry. It stole market share, put pressure on hotel rates, inspired the creation of affordable brands and saw hotels across the spectrum create restaurants, bars and lobbies that channeled the local vibe. Airbnb’s recent layoff of a quarter of its work force indicates the financial strain the…
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