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Airbnb a Threat?

It looks as if Airbnb Inc. – the online service that lets people rent their homes to travelers – may become one of the world's most valuable startups. The company is reportedly in advanced talks with private equity firms to raise funds that would give it overall market value of $10 billion - higher than major hotel brands such as Wyndham Worldwide (US$9.4 billion) or Hyatt (US$8.4 billion). With a strategy to clearly position themselves as a full-blown hospitality brand, such comparisons are both interesting and relevant.

Is Airbnb Really A Threat To Hotels?

By Helder Pereira

Airbnb has grown substantially in recent years and now commands an estimated 22% of the market - making it larger than any individual global hotel group, and begging the question: what exactly is the impact of Airbnb on the hotel industry?Helder Pereira, CEO of the UK's leading independent hotel management company, RBH, believes the service has pros as well as cons.

Airbnb, HomeAway and Others Form International Vacation Rental Group in Japan

The big vacation rental players have formed an association in Japan, with the blessing of the Japan Tourism Agency. It may be a model for other Asian countries to follow.It's been in the works for six months and finally a Japan Association of Vacation Rental will be incorporated in January, comprising nine founding members that aim to boost Japan's tourism through vacation rental businesses, including homesharing, ryokans that use residential facilities, and event vacation rentals.