External Articles

Cornell panel talks distribution management, customer loyalty | hotelworldnetwork.com

In this age of online travel agencies and search-powered bookings, experts say it has become unclear whether brands own the hospitality customer or vice versa. Panelists brought together for the 7th edition of the Cornell University School of Hotel Administration’s Dean’s Leadership Series spent their Monday morning at The Metropolitan Club in Manhattan discussing “Distribution Management: Who Owns the Hospitality Customer?”

NYC: The Rise of the One-Room Hotel | theatlantic.com

Many web startups begin without a business model. They have a cool service or a sticky blog -- or merely an *idea* that people might like. Airbnb is not one of those startups. The site allows people to rent out their rooms or houses as vacation rentals, turning every place into a prospective microhotel. Their business model is simple: they handle the transaction, taking a 6-12 percent cut on each booking. In other words, they might not be a brick-and-mortar company, but they built in people paying them money from the beginning.