You Assume Too Much

Published: Nov. 27, 2019, 1:17 p.m.

The assumption that they implicitly made, was that both the homeowner and the guest would only agree to this when pressured by lack of accommodations and their high price (both caused by high demand due to the convention in town).

However, they were wrong. And Airbnb went on to become the leader in a new category of accommodations.