September 26, 2016
As the travel and hospitality industry adapts to the digital age, legacy companies are looking to get ahead of the threat that new, digitally native entrants pose. Most notably, Marriott International and Starwood Hotels have finalized their $13.6 billion merger after competing against each other for years. This could be a significant advantage for the traditional hotel companies, particularly as Airbnb ramps up a new round of funding that values the company at $30 billion….
Source: http://www.businessinsider.com/marriott-starwood-merger-sets-stage-for-intense-competition-with-airbnb-2016-9?r=UK&IR=T
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