S3E23: Can Airbnb Survive COVID?
Strategy Simplified
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The Differences Between Airbnb and a Hotel
Airbnb doesn't have a lot of cost power. The real cost from the variable side is on the acquisition for credit card companies. Instead of having very low switching costs and very easy instantaneous switching, for Airbnb, you could make the selection between a single home that was on the Airbnb platform and a hotel. But those are two different products. It's not really a replacement or a full substitution.
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