Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Airbnb is a Major Threat to Hotels

Market Insanity

Is Airbnb Really Hurting Hotels like Hyatt?

If the valuation claims are true Airbnb is now worth more than times as much as Hyatt. These numbers also mean that Airbnb is now worth more than Marriott International (NASDAQ: MAR) which reported an enterprise value of $22.25 billion, a market capitalization of $18.60 billion on August 23, 2016; and Starwood Hotels & Resorts (NYSE: HOT) which reported a market capitalization of $13.32 billion and an enterprise value of $14.14 billion on the same day.

Read More