Strong competition for luxury hotels: How Accor, Airbnb, Booking and Expedia change traditional hotel search with booking platforms for private apartments and villas
Berlin, 22 March 2017 –
The history of the grand hotel is being rewritten. Technical refinement like warm running water on the fifth floor or telephones were a great luxury for the nobility of the 18th and 19th century. Today’s luxury consists in space, seclusion and sumptuous comfort.
More and more stylish apartments and villas in great city and beach locations offer exactly that. Accor and Airbnb have long jumped on the bandwagon: By acquiring Onefinestay (Accor) and Luxury Retreats (Airbnb), the disruptive business with profitable luxury travelers is being overhauled. Alongside some amazing revolutions like private living … Read More