In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Airbnb might disrupt small-town America in the same way Uber is changing life in the big city. Even though most studies of Airbnb concentrate on big cities like New York, its impact in rural areas might be far greater. Like it or not, Airbnb is changing the face of small town America. Those changes will be profound and disruptive and they are poorly understood.
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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.
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