Travel

New Owner Airbnb Will Not Dilute the HotelTonight Brand, CEO of Booking App Says

Skift

Sam Shank (left), Airbnb head of hotels and HotelTonight CEO, speaks at Skift Global Forum in New York City on Sept. 19, 2019. Skift

Skift Take: Airbnb’s focus on adding independent hotels instead of all-and-sundry is a smart approach. The vacation rentals company made more than $1 billion in revenue for the second quarter and intends to go public during 2020. It can’t afford to meddle with the model.

— Raini Hamdi

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