Why Hotels Are Getting CRUSHED By Airbnb

Summary

This video discusses the ongoing competition between hotels and Airbnb, comparing various metrics such as direct revenue loss for hotels, growth in vacation rental demand, surge in average daily rates for Airbnb, and its overall market capitalization versus major hotel chains. It notes hotel's lobbying efforts and explores unique stay offerings, concluding Airbnb's growth is outpacing hotels and their pushback.