Airbnb’s Grand Travel Ambitions Could Be Taking a Detour

Source: Travel News

Two millennials look at the view from a luxury apartment complex in Singapore. Airbnb is investing in companies that manage luxury buildings.

Skift Take: Airbnb could be in the initial stages of getting into property management. While such an initiative has its risks in terms of criticism from current property management partners, it seems like a much smarter strategy than expanding into very complex and difficult areas such as flights.

— Dennis Schaal

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Airbnb’s Grand Travel Ambitions Could Be Taking a Detour