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Airbnb an Emerging Threat to Priceline, Expedia and Tripadvisors

A massive heatwave is expected to hit the online travel agencies (OTAs), as the space could face disruption risk in the form of Airbnb given the adoption of users in major urban/tech centers. While, the risks aren’t meaningful in the near term, the rapid expansion of the platform, and on-boarding of housing stock as a part of vacation rentals could mitigate the long-term growth trajectory of Priceline, TripAdvisor, and Expedia.

The friction felt by hotels could pose some risks, but until there’s substantial...