AirBnB's marketshare is coming out of someone. Travel habits are changing and it may take awhile for them to be observed clearly.
I clearly remember the newspaper industry doing a survey in the late nineties showing that the Internet wasn't materially hurting their business. Then sometime after 2003 the industry fell off a cliff.
I clearly remember the newspaper industry doing a survey in the late nineties showing that the Internet wasn't materially hurting their business. Then sometime after 2003 the industry fell off a cliff.