Airbnb may be raising the visibility of traditional serviced apartments in the business travel space. It remains to be seen whether homesharing represents an existential threat to established corporate housing providers.
Many of the mergers and acquisitions among leisure travel agencies have been sought after by big companies looking to grow their sales volume, for a variety of reasons. But an aging population of agency owners is looking for an escape hatch as well, adding fuel to the acquisition frenzy.
It's going to take a while for Marriott International to figure out which Starwood brands and programs it wants to keep. After that, expect the consolidation to affect the corporate negotiation process.