Hospitality Wars: Airbnb vs Hotels

Chances are pretty slim that you’ve never heard of Airbnb… But in case you’ve been living under a rock, Airbnb is an online marketplace for arranging or offering lodging, primarily homestays, or tourism experiences. The company was founded in 2008 and became so popular, so quickly, that many began referring to it as an industry-disrupting platform. Airbnb has caused similar concern within the hospitality industry as Uber has within the taxi business. Afterall, they are both “aggregation” platforms, meaning that they’re main function is to connect service providers and consumers. According to The Atlantic, Airbnb is actually the second biggest “start-up” in the country after Uber.