Check out Adam featured in this great article by Yahoo Finance:
“Compared to Airbnb, traditional hotels have a few barriers,” says Adam Dailey, a hotel and real estate investor based in La Jolla, California, who owns and operates several Airbnb locations.
“With Airbnb, there is a real person answering a customer’s questions, and usually in a very responsive way,” Dailey says. “There’s also a built-in community with Airbnb that fosters trust and inclusiveness.”
But the real differentiator may be dynamic pricing. “Hotels can’t promote last-minute specials in a meaningful way, while Airbnb owners are anxious to liquidate empty inventory,” Dailey says.
Consequently, Dailey believes that traditional hotels are threatened. “The trend of renting out your home/apartment is only getting traction,” he says. “Plus, the more that people can wrap their head around it, the more inventory will come into the market.”
See the full article here: http://finance.yahoo.com/news/investors-watch-hotel-industry-takes-140201730.html
What do you think? Tell Adam @keepmovingfast!
