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Airbnb $25.5Bn $0.9B revs 28.3x 90% yoy Marriott $20.9Bn $14.8 revs 1.4x 8% yoy
by 001sky 11y ago
Airbnb $25.5Bn $0.9B revs 28.3x 90% yoy
Marriott $20.9Bn $14.8 revs 1.4x 8% yoy
- rokhayakebe 11y agoMarriott: 200,000 employees, 697000 rooms, 4000 locations hence no more than 4000 cities, 80 countries AirBNB: 1600 employees (less than 1% of Marriott's), +1.4M rooms (for which they pay no mortgage or maintenance), 190 countries, 34000 cities.
- venomsnake 11y agoMarriott - legal and obeying regulations. AirBNB - 50 shades of legal gray.
- jonny_eh 11y agoNext week in Paris, hotel owners burning cars?
- doleson 11y agoI'd be really interested to know (we'll have to wait for AirBnb's S-1) what the difference in gross margins. Marriott has to own / operate its hotels. AirBnb puts that on the host, and pretty much only has insurance and customer support as its marginal costs.
- saryant 11y agoI don't know where this trope came from but the big hotel chains most definitely do not own all their properties. They provide brand standards, a common reservations system, customer service and a loyalty program (which can be incredibly lucrative by itself). But they definitely do not own all their hotels. Marriott-owned properties number in the low double-digits.
- mrgordon 11y agoWell Marriott still manages to have 200,000 employees operating the hotels (per rokhayakebe's numbers) so its not like they've contracted out running the hotels for a fixed cost or something. They're doing a lot more than running a reservation and customer service system.
- pbreit 11y agoSo growth rules and business model os exceedingly important.