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A comment on Airbnb Enters the Land of Profitability.

Re:Airbnb Enters the Land of Profitability by shaqbert on Friday January 27, 2017 @04:15AM (#13498643)
Anyone surprised that they'd eventually be profitable? Being the largest hospitality company in the world without holding any assets ... how could anybody ever have been doubting in the first place.

The real question is rather if they are leaving growth opportunities behind if they are profitable too early. Still a lot of lobbying to be done.

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Re:Airbnb Enters the Land of Profitability by nnd on Friday January 27, 2017 @05:16AM (#13498865)
Most of the largest brands in hospitality don't own their assets either, and operate a franchise instead.
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Re:Airbnb Enters the Land of Profitability by edblarney on Friday January 27, 2017 @11:53AM (#13500879)
Even the one's that don't operate as franchises still don't own the properties.

Most of Four Seasons, Fairmont etc. - the actual properties are owned by sovereign wealth funds etc. - think Saudis who need to park huge reams of cash somewhere and sit on it.

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