Airbnb beware: Marriott supposedly will introduce its own house rental service

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Marriott is entering into the home-sharing company.


Marriott International

Marriott is seeking to participate the home-sharing company. The hotel chain prepares to begin a home-rental company to take on Airbnb and comparable services, The Wall Street Journal reported on Monday.

Marriott didn’t right away react to an ask for remark, however the Journal reported that the business might reveal the very first stage of its strategy early next month. The relocation would make Marriott, the world’s most significant hotel operator, the very first significant hotel business to develop a US house leasing platform. 

Airbnb, which has more than 6 million listings worldwide, has actually gradually moved into the hotel company over the previous number of years, consisting of getting Hotel Tonight Inc. in March

It’s likewise progressively dealing with proprietors on profit-sharing offers. The business revealed collaborations with significant proprietors in Florida and in San Francisco in 2017. And on Monday, Airbnb revealed that it’s partnering with RXR Realty, among New York City’s biggest property owners, to transform 10 stories of a renowned Rockefeller Plaza structure into Airbnb leasings.

On Monday, Airbnb CEO Brian Chesky was on CBS This Morning to speak about the business’s future and its brand-new documentary, Gay Chorus Deep South, which is premiering at the 2019 Tribeca Film Festival. (Editors’ note: CNET is owned by CBS.)

“I think you’ll think of Airbnb to plan your entire vacation at all price points and all geographies in the world,” Chesky stated. “So, we’re going to combine where to go, what to do and how to get there all in one place. The whole end-to-end trip. Not just housing, not just homes.” 

Originally released April 29, 6: 57 a.m. PT
Update, 7: 08 a.m.: Adds information; 7: 58 a.m.: Adds Chesky’s remarks from CBS This Morning interview; 3: 29 p.m.: Adds info on Airbnb’s collaboration with RXR Realty.

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