Airbnb Looks to Disrupt Travel Industry
Airbnb is focused on growth in mobile and overtaking old guard hotels that have earned broad consumer trust.
A new wave of hospitality is sweeping the multi-billion dollar travel industry. Thanks to the internet people aren’t just ditching their travel agents, they’re ditching traditional resorts and hotels too.
Airbnb is one of the start-ups leading the revolution. Their website connects travelers with locals. So instead of staying in that high-priced hotel, you can stay in an actual house or apartment.
CEO Brian Chesky says they’re not re-inventing the vacation, just bringing back an old trend. “People keep thinking this is some bold new idea,” he says, “but actually up until 100 years ago, or say World War II, when people traveled staying in a home was actually very normal.”