Monday, April 17, 2017

This is how the hotel industry plans to take down Airbnb

Once overlooked, hotel executives are now taking notice of Airbnb. The short-term rental company was dismissed by one Marriott executive as recently as December, saying the company was “not really making headway in the corporate environment, which is really our bread-and-butter business.” Things have changed. According to documents obtained by The New York Times, the American Hotel and Lodging Association (AHLA) — a group representing the $1.1 trillion hotel industry — has a multi-faceted plan to take down what it has since come to recognize as its biggest threat. It started with two seemingly-unrelated actions. The short-term rental company drew the…

This story continues at The Next Web

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