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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.

The Rise of Airbnb: How Hotels Can Fight Back

10 years ago, the world was dealing with one of the greatest economic downturns in modern history. For much or 2008 and 2009, hotels were simply focused on surviving. At the same time, a new company was emerging; one that would ...

The Rise of Airbnb

In just 10 years, Airbnb has transformed from aspiring startup to worldwide phenomenon, now located in over 190 countries. Residents from Alice Springs, Australia to Zagreb, Croatia, are jumping on Airbnb to rent out their homes, ...