Why Hotels Don't Need to Worry About Airbnb So Much

The video discusses Starwood's financial difficulties and the competitive impact of Airbnb on the hotel industry. A survey by Morgan Stanley reveals that Airbnb is replacing hotel stays and other accommodations, but awareness remains a challenge. Usage trends show a slower adoption rate among business travelers. Privacy and safety concerns are significant barriers. Morgan Stanley projects Airbnb's growth in room nights, but sees hotel occupancy stagnating.

What financial difficulties is Starwood facing according to the transcript?

• Increased sales and net income

• Decline in sales and net income

• Stable sales and increased net income

• Increased sales and stable net income

According to the survey, what percentage of Airbnb stays are replacing hotel stays?

• About 4%

• About 50%

• About 30%

• About 36%

What is the expected adoption rate of Airbnb among business travelers over the next 12 months?

• 12%

• 18%

• 16%

• 20%

What is one major reason travelers might avoid using Airbnb?

• High costs

• Lack of amenities

• Limited locations

• Privacy and safety concerns

What is the biggest obstacle for Airbnb's growth according to the transcript?

• Lack of awareness

• High competition

• Regulatory issues

• Limited funding