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Airbnb advances global strategy to compete with hotels

Airbnb advances global strategy to compete with hotels

Believes that integrating a wider hotel offering will not only attract new users, but also increase repeat bookings across both traditional establishments and alternative accommodations Airbnb has officially confirmed its intention to strengthen its positioning as a comprehensive hotel-booking platform, a strategy that represents a significant shift from its traditional business model centered on alternative…
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Leveraging digital technologies key to Asia’s COVID-19 recovery

Business-to-consumer revenues of digital platforms reached $3.8 trillion in 2019 globally, with Asia and the Pacific accounting for about 48% of the total or $1.8 trillion, equivalent to 6% of the region’s gross domestic product Digital platforms and other technology-based tools are providing new growth opportunities for businesses of all sizes and across all industries…

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