Marriott CEO Concedes Airbnb Does Local Better


Skift Take

Marriott CEO Arne Sorenson says he is having "fun" watching the development of Airbnb. He adds that Millennials will be a "massive" portion of Marriott's customer base in a decade. It won't be too much fun, though, if Millennial travelers stray from hotels as their best options for a stay.

Marriott CEO Arne Sorenson says Airbnb "is a very interesting experiment and something that is really fun to watch," and he admits that travelers and others who really want to experience a neighborhood might be better off trying Airbnb than a hotel. "They do some things we can’t do," Sorenson says, comparing Marriott with Airbnb, in a CBS This M