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Re:The $10m OMG Fund by ilrwbwrkhv on Wednesday June 22, 2022 @09:52AM (#31835979)
Yes because they know at the back of their heads, competing with hotels for a good experience is hard and they can't handle it. No airbnb is a four seasons. However they can compete in weird exotic places like a potato or a loft. It's basically Ringling Brothers circus as a temporary accommodation.
Re:The $10m OMG Fund by mistrial9 on Wednesday June 22, 2022 @09:58AM (#31836057)
walking by recently, it appeared to me that the Four Seasons in downtown San Francisco has been converted to some kind of time-share ownership model. too much demand? insider club ? no idea

edit not the Four Seasons with a door on Market Street, the sign I saw was closer to the Moscone Center..