Why Airbnb Fails to Disrupt the Hotel Industry
Published April 9, 2022
Views 3.39M | Likes 56.5K | Comments 3.60K
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Cost is the biggest barrier to scale in the hotel industry. It takes on average 2-3 years to build a hotel. The upfront cost for design, permits, and construction can range from $30M to $130M, depending on location and category. These estimates don’t even include the cost of the land. Since these numbers are publicl…
- Published
- April 9, 2022
- Made for kids
- No
More features coming
We're working on new analytics and tools. Stay tuned.