By expanding the concept of what room (and home) rentals mean for the hospitality industry, Airbnb (NASDAQ: ABNB) has become a leading brand in the space, inviting the wrath of global hoteliers vying to come up with their own competing platforms.
Marriott partnered with home rental firm Hostmaker to offer Airbnb-style rentals through its Tribute Portfolio Homes; Choice Hotels Vacation Rentals business began offering private residence, cabin, and resort-style accommodations; and Wyndham Hotels has an extensive vacation rental business that is pretty much just an Airbnb direct competitor.
AirBnB has plenty of hurdles in front of it but also a substantial runway for growth. Let's look at the bear and bull case for the short-term rental platform.
Source Fool.com