Airbnb seems set up for hotel expansion, competition with OTAs - webintravel.com
Summary
This article discusses Airbnb's potential expansion into the hotel industry and the resulting competition with online travel agencies (OTAs). It suggests that Airbnb is strategically positioned for growth in the hotel sector, which could significantly impact the STR landscape. The shift may influence how hosts compete and potentially shift business models.
Key Insights
- •Increased competition with OTAs is a likely outcome of Airbnb's hotel strategy.
- •Airbnb is positioning itself for expansion into the hotel market.
Action Items
- ✓Consider diversifying booking channels and optimizing direct booking strategies to reduce dependency on OTAs.Effort: mediumImpact: medium
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Curated by Learn STR by GoStudioM