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A comment on Airbnb CFO Departs Amid Tensions, Leaving IPO Timeline Unclear. Parent comment

Re:Airbnb CFO Departs Amid Tensions, Leaving IPO Timeline Un... by vkou on Thursday February 01, 2018 @04:33PM (#16286118)
Hilton owns ~800,000 suites across ~4,000 cities. This is great, but if travel were to drop by 20%, you'd now be paying for and maintaining empty rooms.

The AirBnB network has ~3,000,000 suites across 60,000 cities. Even if they were to comply with all local laws, they would still have margins, and room to grow, and would weather downturns better then traditional hotel chains ('Sharing economy' means that they aren't stuck paying mortgages on rooms they can't rent during a recession.) They can also expand into the traditional hotel chain business, by building or buying properties.

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Re:Airbnb CFO Departs Amid Tensions, Leaving IPO Timeline Un... by refurb on Thursday February 01, 2018 @05:18PM (#16286456)
My understanding is that Hilton doesn't own any of the properties, they simply manage them under the Hilton name for their owners.[1]

The practice of franchising is popular within the hospitality industry among most major hotel chains, as the parent company does not have to pay for the maintenance and overhead costs of franchised properties.

[1]https://en.wikipedia.org/wiki/Hilton_Worldwide#Franchising

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Re:Airbnb CFO Departs Amid Tensions, Leaving IPO Timeline Un... by dragonwriter on Thursday February 01, 2018 @06:27PM (#16286937)
> My understanding is that Hilton doesn't own any of the properties

Your own source says that 70% (by rooms) was franchised as of 2013, which suggests 30% is Hilton owned.

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Re:Airbnb CFO Departs Amid Tensions, Leaving IPO Timeline Un... by skinnymuch on Thursday February 01, 2018 @06:16PM (#16286877)
Hilton definitely doesn’t own a lot of those hotels or suites.
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Re:Airbnb CFO Departs Amid Tensions, Leaving IPO Timeline Un... by ipsum2 on Thursday February 01, 2018 @04:57PM (#16286302)
> 'Sharing economy' means that they aren't stuck paying mortgages on rooms they can't rent during a recession.

I'm not sure I understand, why is this not the case?

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Re:Airbnb CFO Departs Amid Tensions, Leaving IPO Timeline Un... by Naritai on Thursday February 01, 2018 @05:06PM (#16286376)
It's the hosts who are stuck paying mortgages on rooms they can't rent, not AirBNB. To AirBNB a recession just shows up as a decline in the number of transactions on the site.
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