Hotels like Marriot starting a STR’s to compete !

[Mark Page]

So we all know there is some serious HATERRATION on us STR property owners! I personally think things are gonna come to a head. I don't how but it just seems like something has to happen. Well I just found out that the all powerful hotel chains, starting with Marriot, are developing their own STR programs!! What are your thoughts on this my Bigger Pockets family?

[Mark Page]

@Michael Baum Yeah Mike, if they start a service like Airbnb or something it would be great! It would level the playing field so Airbnb isn’t a sort of monopoly!

Unfortunately on this subject I ‘m kind of a glass have empty guy. I just feel that the hotels are going to keep competing and try to overpower us business owners and try to capture all that business for themselves.

I hope I'm wrong and I hope that you are right. I love your optimistic view but again this is business. This possibly can inspire hotel chains to start a whole new business model that would have so much backing and capital that they could smash STR's. Again I want to believe in your optimistic view and I hope that truly could be the case.