Re:Airbnb Files to Raise $850M at $30B Valuation
by spitfire on Saturday August 06, 2016 @03:36PM
(#12239540)
That is a question worth answering. But now we have reasonable ground to make statements one way or the other.
I personally think yes, they'll saturate their market fairly quickly from here on out. Also, I expect they'll start attracting competitors soon.
Now, I'd counter your argument here by stating that it appears Airbnb had over 100% growth in 2015, and Expedia and HomeAway had 24% and 20% growth respectively.[1]
Given that, is it unrealistic to assume the market can support 14% YoY growth (or higher) for the next ten years?
[1]: https://www.cbinsights.com/blog/airbnb-hospitality-industry-...