How The Hotel Industry Got Blindsided … And Why Yours Could Be Next

Airbnb was recently valued at an eleven figure sum, which overshadows all, except the largest hotel chains. The usual criticisms to tech valuations aside, the impact of Airbnb on the traditional hotel industry is definitely being felt. But why did the industry fail to spot this threat for so long? How does something like Airbnb come out of the ordinary and change the rules of an entire industry? And how could something like this be repeated in another industry?

http://www.forbes.com/sites/groupthink/2014/07/07/how-the-hotel-industry-got-blindsided-and-why-yours-could-be-next/