Sort of true... I've actually seen hotels list rooms on AirBnB in San Francisco. The logic is that the type of people who are looking at AirBnB are looking at a specific price range, great location, good value, etc... . So if you're a hotel you can list a room or so on that platform that you otherwise might lose out on to an AirBnB competitor.

AirBnB is a distributed hotel with a centralized lobby in Albany.