PLEASE HELP WITH THE FOLLOWING QUESTIONS. PLEASE IF YOU CAN AVOID USING CHARTS IT WOULD BE GREATLY APPRECIATED!!!

THANK YOU IN ADVANCE!

Case 1: Airbnb in 2020

ASSIGNMENT QUESTIONS

1. How would you illustrate and compare the business models for Airbnb, large hotel chains such as Marriott and Hilton, and bed & breakfast operators? Use the example chart in the textbook for business models as a guide (Concepts & Connections 1.1)

2. What are the general strengths and weaknesses of a) large, hotel chains such as Marriott and Hilton, b) bed & breakfasts, and c) Airbnb? Explain how you would compare and contrast those businesses.

3. In what ways has the lodging consumer changed, and how does Airbnbs customer value-proposition meet this change?

4. What key factors may determine the success or failure of Airbnb?

5. What recommendations would you make to Airbnb to improve its competitiveness in the accommodation market while mitigating any current and future risks?