Onefinestay's High-End Sharing Economy Experience

Onefinestay's High-End Sharing Economy Experience

Assessment

Interactive Video

Business, Geography, Science

University

Hard

Created by

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The video discusses the expansion plans of a hospitality business, aiming to enter 40 new markets over five years. It highlights the unique travel experiences offered, contrasting with traditional luxury hotels. The business model focuses on upscale, controlled hospitality, with a rigorous property selection process. The impact of the sharing economy and technology on travel is also explored.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the additional capital mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key markets that the company plans to expand into over the next five years?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company differentiate itself from traditional luxury hotels?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the type of properties that the company typically selects for its portfolio.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do smartphones and the internet play in the company's service offering?

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