How Airbnb Is Attacking the Hotel Industry

The video discusses how Airbnb offers significant savings compared to hotels, especially during peak times like July 4th. It highlights Airbnb's value for families, providing amenities like kitchens and Wi-Fi. The video also addresses Airbnb's competitive strategy against the hotel industry, which uses tactics like compression nights to increase prices. The discussion includes a quote from a hotel industry representative acknowledging Airbnb's impact on their pricing strategies.

What was the total amount saved by people using Airbnb this year compared to last year?

Why is the hotel industry concerned about the impact of Airbnb?