Ian Schrager Calls Out Hotel Industry’s Airbnb Strategy as Misguided


Skift Take

If hotels could out-innovate Airbnb, then Schrager is right that would certainly be part of the answer to the threat posed by the homesharing company. However, Airbnb is more nimble than many big chains. And they are unlikely to give up their legislative efforts anytime soon.

Veteran hotelier Ian Schrager, who's been involved in some disruption during his career, thinks the hotel industry's tack to fight Airbnb through legislation won't win out in the long run. Instead, Schrager said, the hotel industry needs to beat Airbnb by focusing on developing com