The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.Learn More
Hotels are responding to the influx of peer-to-peer lodging platforms such as AirBNB in several ways. They are redesigning their style and booking process to cater to younger consumers as well as lowering prices. Some hotel chains are even starting to invest in peer-to-peer platforms. For instance, Hyatt is investing in One Fine Stay, a luxury home-sharing platform, and Wyndham is investing in Love Home Swaps. Collaboration is expected to continue in the future; a change from the historical fight between hotels and peer-to-peer platforms.