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The US hotel industry had about $200 billion in revenues in 2015. Airbnb processed about $200 million in payments, or 0.1% of the hotel industry's revenue. At t
by bandrami 10y ago
The US hotel industry had about $200 billion in revenues in 2015. Airbnb processed about $200 million in payments, or 0.1% of the hotel industry's revenue. At that scale, doubling or tripling your revenue doesn't even appear as noise to the hotel industry.
- user5994461 10y agoThus AirBnB is two orders of magnitude smaller than booking.com and hotels.com