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Airbnb Has NOT Won Anything—yet

Sharing-economy companies are facing their own long road, so calling them the winner in the war for the consumer’s wallet might be a little premature.

Before you get into reading this blog, do me a favor and click on this link. You’re going to need to have this playing in the background to get the full effect of this piece of content.
 
For those who didn’t click, that is a link to the iconic scene in “Animal House” when John Belushi’s Bluto Blutarsky tries to rally his otherwise defeated brethren of Delta Tau Chi.
 
That scene was running through my head earlier this week as I read Ed Watkins’ piece “The war is over and Airbnb has won.” In it, Watkins argues the sharing economy is here to stay and hoteliers are going to need to learn how to coexist.
 
Watkins is calling this war a little early. Yes, Airbnb has entrenched itself in the industry, but I don’t see it as being permanently entrenched.
 
For example, in his piece, Watkins argues that Airbnb has positioned itself as the champion of the little guy. And in doing so, it’s winning the public relations and legislative battles necessary to keep itself afloat.
 
From where I sit, however, it appears city governments are beginning to come around to the logic that Airbnb is playing with an entirely different, and much more lax, set of rules than are traditional hotels. 
 
I’ve already written about how some cities are beginning to ban Airbnb. As is spelled out in the story, these bans likely are not going to become permanent; rather, the actions simply represent a “time-out” as the municipalities try to figure out how to deal with the sharing economy.
 
And deal with them they will. Just what form this will take is anyone’s guess. I do agree with Watkins that the sharing economy is here to stay, but after months and months of arguing the industry’s point, it seems at least some cities are taking the matter to heart. 
 
Lastly, I want to bring up a point that was raised recently during the Lodging Industry Investment Council meeting held in New York City. One point of discussion: Companies such as Airbnb actually bring extra demand into the city, which can benefit all the hotel stock in the market.
 
So, calling this battle with the sharing economy is a little premature. Yes, these companies will be here for the long term, but they have their own issues they are dealing with.
 
Tweet of the week
If it’s in BuzzFeed, it has to be true. Right?
 

The Rent Is Too Damn High: In Search Of The Truth About Airbnb’s Impact On Housing http://t.co/wNIOA4sXpk pic.twitter.com/tNNVAi46bL — BuzzFeed News (@BuzzFeedNews) June 10, 2015

 
Email Shawn A. Turner or find him on Twitter or Facebook.
 
The opinions expressed in this blog do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Bloggers published on this site are given the freedom to express views that may be controversial, but our goal is to provoke thought and constructive discussion within our reader community. Please feel free to comment or contact an editor with any questions or concerns.