Hoteliers question effects of shared economy | hotelnewsnow.com

Hotel company executives and analysts agree the new generation of alternative accommodation services might have a long-term effect on hotel industry performance. They don’t agree, however, on the level of impact these services will have on their business. “Airbnb and other iterations of shared-space non-lodging are here to stay,” said Jan Freitag, senior VP of strategic development at STR, the parent company of Hotel News Now.