Why Airbnb fails to disrupt the hotel industry
Airbnb has disrupted the hospitality industry, and many people have wondered if Airbnb is poised to replace traditional hotels
Airbnb and hotels are two different businesses with distinct business models. Airbnb is a platform that connects travelers with individuals who are renting out their homes or apartments. On the other hand, hotels provide accommodations and services to travelers in exchange for payment.
Airbnb has gained a competitive advantage over hotels due to its platform business model. However, hotels have been operating appealing to customers who like consistency, better in-person service, and special deals for many years.
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