The increase in acceptance of the ³sharing economy² business models and the impact to travel buyers and meeting/event planners has been significant. Attendees love and have embraced this new tech-driven booking channel and we are kidding ourselves if we think this will silently go away or doesn¹t apply to our industrythat ship has already sailed. When it was recently announced that more U.S. citizens would be permitted to travel to Cuba, Airbnb opened up 1,000 rooms in one week thanks to their business model [rather than] waiting for traditional hotels to come in, assess the market and build or renovate properties to get started. That¹s hard to ignore.
Vice President of Industry Strategy Lanyon
MPI Northern California Chapter Years in industry: 10+
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