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The Rise of Airbnb Forces Hotels to Fight Back

The Rise of Airbnb Forces Hotels to Fight Back

Airbnb, launched in August 2008, is a social website where people with living spaces are connected with those in need of one. Airbnb derives revenue from both the guests and their hosts for its services. They charge guests a 9−12% service fee every time a reservation is booked — this is around 7 -10% less ... Read More