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> Booking.com already knows that they are fighting a losing battle against AirBnB.

lol

Booking.com and AirBnB have different markets: fixed-overhead operations competing on a commodity, and owners selling a unique-experience short-term let. There's some overlap (owner-operated B&Bs), but they're insignificant.

AirBnB's real value is that they created a market, not that they're going to eat hotels. Booking.com will be fine as long as 2+ giant hotel chains exists.




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