Title | : | Why Airbnb Fails to Disrupt the Hotel Industry |
Duration | : | 25 minutes, 50 seconds |
Uploader | : | Modern MBA |
Added On: | : | 09 April, 2022 |
Views | : | 2.8M times |
Likes | : | 0 |
Source | : | YouTube |
Cost is the biggest barrier to scale in the hotel industry. It takes on average 2-3 years to build a hotel. The upfront cost for design, permits, and construction can range from $30M to $130M, depending on location and category. These estimates don’t