In 21st century communication technologies, internet, e-commerce and digital payments have removed the need of physical proximity for trade and commerce to happen. Will this thesis based on growth of 20th century cities (that didn't have such advanced infrastructure ) hold true for 21st century too?
Since 2008 AirBnB has been in the spotlight of the disruption it had on the hotel sector.
But what is the real impact on hotel sales ? And on the travel sales ?
Or does it even grow the hotel sale or hotel service offering ?