It works well when you have lots of capital to expand and fight lawsuits.
It works well when you have lots of capital to expand and fight lawsuits.
Identifying industries where people begrudgingly accept the status quo because they need the service but hate everything about how it's provided is your opportunity.
Was this the case though?
Airbnb and hotels.com and the likes have been pushing the hotels towards a race to the bottom but actual hotels are not bad in my experience. Small quasi-hotels with ordinary flats that run like a estate get rich quick scheme are though.
Hotels/Booking.com are more of a fuck you to travel agents and/or opaque or fragmented hotel pricing, since they don't provide an alternative to the hotel itself.
If an airbnb and a hotel choose to race to the bottom, perhaps they deserve each other and the rest of us deserve a way to avoid them? (Or use them if it came to that...)
I think Airbnb and hotels.com do not push people to the bottom - they offer a minimal bar or set of features to look for quality / price ratio. Are they perfect? No. But they make discovery much easier.