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The Impact of Airbnb on VRBO
Wanda is trying to play this idea that when someone goes on a vacation, they want the quality and consistency of a hotel. That's where we're trying to enter the market, but obviously building that as a product really relies on quite a bit of infrastructure. Wanda homes are like if Four Seasons had vacation rentals, right? What does that mean? In terms of when I walk into one of these Wanda homes, what am I expecting? What is the brand promise?"