Although the Vacation Rental Industry has existed for a very long time, recent years have demonstrated a tremendous growth in the USA market, with very important players such as Airbnb becoming disruptions in the lodging sector of the industry. For this assignment, please research the evolution of the vacation rental industry in the USA and provide the following:
1. What are some of the reasons for the significant growth in recent years? Be detailed.
2. How did Airbnb come about?
3. What are some key differentiators between VRBO and Airbnb?