urgent help please

Assignment 1 - Case Study - The Rise of Alemate Accommodations - Alrbub The Rise of Alternate Accommodations - Airbnb Airbnb is a privately owned peer-to-peer community marketplace that enables people to list, discover, and book unique accommodations online. The concept was founded by roommates Brlan Chesky and Joe Gebbla when they decided to rent out the living room of their San Francisco apartment to help them pay their rent. They offered three air mattresses and homemade breakfast to their guests. As the company expanded, in 2003 technical architect Nathan Blecharczyk jolned what had become Airbedandbreakfast.com, Soon afterward the name was shortened to airbnb.com. In 2011 , the company launehed its first international operations in Hamburg. Germany, following a number of international acquisitions. Currently, the company has over 6 million listings in more than 81,000 cities across 191 countries, The company has 150 million users and 2.9 million hosts. Although the concept began with apartments and rooms to share, listings can be as diverse as entire apartments, houses, or penthouses, private rooms, castles, boats, manors, tree houses, tents, cabins, igloos, and private ialands. The early suceess of Airbnb was due primarily to its overwheiming popularity among Millennials, Airbnb coninected with the needs of the Millennial generation mainly through its online platform, the sharing oconomy concept, and its unparalleled value and is transitioning smoothly to GenZers. However, as GenZers age and make the transition from being students and backpackers to joining the workforce, will the concept remain as popular as it has been in recent years? Moreover, as Millennials earn more discretionary income and becorne business travelers, they might well be looking for more traditional forms of accommodation with standard conveniences. Business travelers are pressed for time, more price-inelasticity and have a greater need for privacy, Sharing a room or an apartment might not work for them. Even renting an entire apartment through Alrbnb might not otfer a higher value than a tradifional hotel room placing mere emphasis on the Genzers' market. Nevertheless, Alrbob is taking steps to attract business travelers. The website assigns special badges to travel-ready business listings that meet certain requirements for home type, amenities, check.ln, reviews, responsiveness, and host commitment. For travel managers, Alrbnb is offering better transparency and more accurate reporling for their companies. Answer the following questions: Q.1. What are some the advantages of Airbnt accommodations? Are there any disadvantages? Q2. At what extent are hotels and motels facing compotition frem Airbnb accommodations? Q.3. Should the government restriet Airbnb expansion to protect the lodging industry? Why