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No, because hotels don't remove existing supply from the market like AirBnB does. Nor at the rate that AirBnB is. It's not like the AirBnB owners are just makin
by dorchadas 5y ago
No, because hotels don't remove existing supply from the market like AirBnB does. Nor at the rate that AirBnB is. It's not like the AirBnB owners are just making all newly built houses into AirBnB, they're actively lowering the supply already in the area, which hotels don't do.