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HOSP2001 Essay 3

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Compare and Contrast between a hotel, and AirBnB, and what can hoteliers learn from successful operations?

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HOSP2001 Essay 3
Topics this document covers:
Hotel chains Travel Tourism Hospitality industry OpenTravel Alliance Vacation rental Hilton Worldwide Airbnb American people of German descent Hilton Hotels & Resorts Hotel Hyatt
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Topics this document covers:
Hotel chains Travel Tourism Hospitality industry OpenTravel Alliance Vacation rental Hilton Worldwide Airbnb American people of German descent Hilton Hotels & Resorts Hotel Hyatt
Sample Text:
Expedia and Priceline, have grown through a significant number of acquisitions in recent years, and the huge percentage of commission they make is a serious threat to hotels. Priceline’s net income in 2016 was 3 times higher than Marriott’s, though it does not have any physical assets (Mourdoukoutas, 2017). These sites help customers pit one hotel against another, which limits the power a hotel has over pricing, causing a good amount of revenue to be lost (Mourdoukoutas, 2017). Hotels have tried to innovate and combat this issue by offering best price guarantees and other privileges if guests book a room directly through the hotel, but it still did not stop customers from...
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