As Uber comes under pressure, another major “Unicorn” Airbnb Inc (AKA Airbnb) could also be facing growing pains. The market has reached peak Airbnb, a Morgan Stanley report asserts. The report downgrading Airbnb Inc while recommending online travel agencies (OTAs) and giving a nod to traditional hotels came as user adoption and growth trends appear to be topping. Not just Airbnb Inc , but Online Travel Advisors (OTAs) will heavily influence the market, says report In the wake of a scandal where the online travel advisory service (OTA) TripAdvisor was accused and later apologized for deleting reviews where allegations about rape were…
One Of The Biggest Unicorns Could Be In Trouble: Morgan Stanley
Mark Melin
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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.