FastSaying

We looked into and tested the Airbnb website and found the inquiries generated were at price points substantially lower than the market is prepared to pay us directly. It was clear that there were no real synergies between the level of our offering and what Airbnb clientele is looking for.

Harry Triguboff

AirbnbBetweenClearDirectlyFoundLevelLookedLookingLowerMarketOfferingOurPayPointsPreparedPriceRealSubstantiallyTestedThanUsWebsiteWere

Related Quotes

There's always room for an operator like Airbnb, but it's quite a different thing to my serviced apartments. Airbnb is a different market - it has nothing to do with me.
— Harry Triguboff
AirbnbAlwaysApartments
I don't think I have to combat Airbnb. It is like comparing Tiffany to a shop that sells things for one dollar.
— Harry Triguboff
AirbnbCombatComparing
I looked around, and I saw cottages everywhere. I thought it was time they lived in apartments.
— Harry Triguboff
ApartmentsAroundEverywhere
In Sydney, we always have a deficiency of housing. So that's one good thing, which will cause real estate to keep going up. Not fast, but it'll go up.
— Harry Triguboff
AlwaysCauseEstate
We've undersold ourselves. The retailers have been absorbing price changes. They're prepared to lower their margins.
— John F. Kennedy
AbsorbingChangesLower