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I wanted to talk "market size increases" in response to your comment. If you're now postulating that a market size increase occurred w/o effecting the chains, I
by dlss 10y ago
I wanted to talk "market size increases" in response to your comment. If you're now postulating that a market size increase occurred w/o effecting the chains, I find that even more implausible, but am not sure what to say.
- user5994461 10y agoAs I said before. These chains only capture a specific market: the intersection of people who live in America AND people who use hotels chains AND people who can afford hotels chain. That's a multi billion dollars audience yet only a small fraction of the global housing and rental markets. AirBnb is playing in many more markets than just competing with hotels.