Source: Travel News
Sam Shank (left), Airbnb head of hotels and HotelTonight CEO, speaks at Skift Global Forum in New York City on Sept. 19, 2019. Skift
Skift Take: Airbnb’s focus on adding independent hotels instead of all-and-sundry is a smart approach. The vacation rentals company made more than $1 billion in revenue for the second quarter and intends to go public during 2020. It can't afford to meddle with the model.