Comment by peteretep

    > but the idea that it doubled in value in less than a
    > year and is worth almost as much as say Marriott, which
    > owns real estate, generated almost $2 billion in EBITDA
    > in the past 12 months and returns cash to shareholders
    > in the form of a dividend, is absurd

Unless you believe (which I don't, but whatever) that it poses an existential threat to Marriott, and that it will essentially kill all non-business (and some percentage of business) hotel bookings with time; it's also got the advantage that I've heard people say "just Airbnb it" or "just use Airbnb", but I've never heard anyone say that about Marriott or the Hilton...