Wall Street just raised Airbnb's price target after Q1 revenue hit $2.68 billion, but the real signal for hotel operators isn't the stock price... it's that Airbnb's test-market hotel listings are expanding at double the rate of its home-sharing business, and the summer product launch might blow the doors open.
Technology
Primary
Apr 29
Expedia's new CFO built his career at Amazon and Snap, not in travel. For hotel operators relying on Expedia's platforms, this signals where OTA investment dollars are headed next... and it's not toward making your life easier.
California's tribal casinos generated $12.1 billion in revenue last year, and the expansion pipeline across Northern California is about to redraw the competitive map for every hotel, restaurant, and entertainment venue within a 100-mile radius.
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