Hacker News Reader

I mean doesn’t that defeat the whole purpose of Airbnb? They wanted to be hotels but without the real estate liabilities on their books. It’s profitable to be the middle man.

View on HN

The truth is that most hotel chains are really just middle-men and investors and third parties own the hotels.

We'll defeat them alright. I've already invested 7 million in katatonick's vision.

Reply on news.ycombinator.com