Is the Airbnb Threat Overhyped?

Is the Airbnb Threat Overhyped?

A great deal of electronic ink has been spilled in recent years over the threat Airbnb poses to traditional hotel operators. Pundits often draw on the effects of ridesharing services on taxi companies to support claims that home sharing services will be the death of hotels. So US hotel operators are near collapse in the face of this inevitable march of progress, right?