Airbnb

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Insight

Who will win in the battle of brand convergence: hotels or short-term rentals?

Body
Each side is learning from the other with big moves in recent years from the likes of Marriott, Accor and Airbnb.

The Latest

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    Financing
    Airbnb started trading at $146 per share, valuing the company at $87.2bn, more than double the market cap of Marriott International.
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    Video - In Focus
    As the trend for serviced apartments continues to accelerate, Alexi Khajavi and Katherine Doggrell look to the global players to review how they are develping their portfolio with this asset class in mind. Alexi and Katherine discuss the news of Accor's recently launched "Apartments and Villas" portfolio and the influence of Airbnb on hotels, while Elie Yound, SVP and CDO of Radisson Hotels Group, joins Katherine to discuss their new conversion brand as well as their move towards being more active in the serviced apartments area because who doesn't need a serviced apartment in their portfolio? Not to be missed! Don't miss out, sign up to get daily insights that power the deal. We want to support the people who have supported us while the industry adapts and are offering six months’ free access to Hospitality Insights to those between jobs. Please click here to apply.  #solidaritywithhospitality  
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    Adjacent spaces
    Accor has launched a new Apartments and Villas portfolio, bringing together its extended-stay hotel brands, branded private residences and Onefinestay brand.
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    Investment
    Airbnb has estimated that its IPO price will be between $44.00 and $50.00 per share, giving it a valuation of $35bn, up from a previous peak of $31bn.
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    Video - In Focus
    Editor in Chief Katherine Doggrell and Content Director Julie Rey-Gore focus on the Greek market this week with a brief overview of the roundtable hosted by Enterprise Greece earlier this week: Investing in Greek Hospitality Real Estate. How has the Greek market become such a strong contender for investors such as AMResorts in the midst of a pandemic? We finally get to take a look at the Airbnb IPO, as Katherine and Julie predict what may be next for the group. Are they going to move to hotels and just how worried should hotels be if this develops? Not to be missed! Don't miss the full interview with Dimittris Manikis. 
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    Insider
    The thing which grips the hotel sector the most about Airbnb is the lack of information about what it is. And where it is. You can see how a hotelier would become paranoid walking down the street; is that group of friends having dinner really from out of town? Should they have stayed in my hotel?  Am I losing six heads in beds? Or are they just breaking lockdown?
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    Trends
    The pandemic will accelerate changes to the business models in the hotel sector, but they must be driven by owners, Pandox CEO Anders Nissen told attendees of the group’s Hotel Market Day 2020.