"Public" is the name of a full-service, 367-room hotel that opened this summer on Manhattan’s Lower East Side, and it quickly becomes apparent that certain features are nowhere to be found. As many travelers whether for leisure or business are attracted to the services that Airbnb offers such as lower rates for accommodation, and perhaps its flexibility as well as versatility of the app. This is why this new hotel uses the technology to compete with Airbnb as they don't have any staff at the front desk and other employees that you find in a Hotel, so the cut on costs and making them able to lower their rates. Also they have bars, restaurants in the building which brings more revenue from non guests. The mastermind behind this is Schrager, 71, known for creating nightclubs such as Studio 54 in the 1970s and later the first wave of boutique hotels including the Royalton and Paramount. “The only way you can compete with a strong idea is by having another strong idea.”
Benjamin Nate
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