It's becoming more and more likely that the Airbnb concept will become a mainstay in
the lodging space, and hoteliers will need to adapt to this new competition by reviewing
how they can best satisfy travelers' needs, according to hotel executives who attended
this week's Cornell/AH&LA Women in Senior Leadership event in Washington. "I think
we can push back as an industry as much as we can, but at the same time find ways to
embrace it and incorporate it into our business model. I don't think it's going away," RLJ
Lodging Trust Senior Vice President Kate Henriksen said.
2 April 2014 — 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
25 March 2014 — The home- and apartment-sharing service is looking to provide comprehensive travel
services for all parts of customers' trips. The company says it's planning to tackle
everything from car service to room cleaning The home- and apartment-sharing
company Airbnb is looking to become a one-stop-shop in the hospitality business,
expanding its menu of services offered to everything from airport pickups to room
21 March 2014 — Doubletree By Hilton Global Head John Greenleaf discusses the company's expansion
strategy and the "Cookie Care" campaign. He speaks with Stephanie Ruhle and Alix Steel
on Bloomberg Television's "Market Makers." (Source: Bloomberg)
21 March 2014 — "Men as smart as myself have got their asses handed to them on a sling with the
airlines." -- Gordon Gekko, Wall Street Gekko, the iconic character played by Academy
Award winner-Michael Douglas in the 1987 classic Wall Street, remarked airlines have
historically been a terrible investment.
20 March 2014 — Nathan Blecharczyk, Airbnb co-founder and CTO explains his company's business model
and discusses the tax implications they will soon face. Benjamin Horowitz, Andreessen
Horowitz general partner, provides insight.
17 March 2014 — How Brian Chesky, the millennial impresario behind red-hot airbnb, teamed up with Chip
Conley, the hotel industry's last black-sheep innovator, to reimagine the $6 trillion
travel biz and, in the process, build the world's largest hospitality brand.
21 February 2014 — As the lodging industry grapples with Airbnb, TripAdvisor and other locally oriented
services, major hotel brands are increasingly taking a back seat to the surrounding
neighborhoods. “Our facility is no longer the destination,” said one hotel executive.
12 February 2014 — 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