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South Lake Tahoe is exactly the kind of market that OP isn't talking about (if I'm reading it correctly). There are tons of places where hotels simply aren't do
by the_watcher 8y ago
South Lake Tahoe is exactly the kind of market that OP isn't talking about (if I'm reading it correctly). There are tons of places where hotels simply aren't dominant.
A good framing for me: If Airbnb were just looking to compete with hotels, this wouldn't be that exciting of a business, even if I knew they could survive. What's exciting about Airbnb is that they're looking to win in places that hotels aren't.
- jedberg 8y agoYes and no. There are three big hotels, but VRBO and AirBnB have been the dominant way to get housing in Tahoe forever, unless you're a gambler.
- the_watcher 8y agoThat can be true at the same time that "winning markets like South Lake Tahoe aren't the markets most critical to their growth" is true.