Airbnb and the Sharing Economy
By David Kong, President & CEO Best Western International
Welcome to the inaugural post of ‘It’s Personal’, an online forum where I will share my own experiences and opinions on the lodging industry. As the name implies, I’ll take on issues that I’m passionate about — but the secret sauce is you. I am hopeful we can start a discussion and want to hear your feedback.
Let’s start by looking at Airbnb, the online room sharing service that connects travelers with available homes, apartments and spare bedrooms, which is viewed by some as a threat to the hotel industry. Many hoteliers are concerned that Airbnb will siphon off their business. But are they really a threat?...