MANAGEMENT 0: Impact of Airbnb on Lodging Industry

This report provides a comprehensive analysis of Airbnb's impact on the lodging industry. It begins with an introduction to Airbnb, defining it as a marketplace connecting travelers with property owners, and highlights its rapid growth. The report delves into the history of Airbnb, tracing its origins and development from 2008 to its current global presence. It examines the advantages and disadvantages of Airbnb, and provides a detailed comparison between Airbnb and traditional hotels, focusing on aspects such as pricing, amenities, and security. The report also presents data on Airbnb's revenue and market share, and concludes that Airbnb offers a more flexible and often more affordable option for travelers, while also impacting the revenue of traditional hotels. Overall, the report provides a valuable overview of Airbnb's evolution and its implications for the hospitality sector.