One hotel CEO's assessment of Airbnb should keep everyone in the industry up at night

"They came out and said that Airbnb accounted for 5% of the room revenue in New York City during that second quarter of 2015. I also said that it was 9% of demand in New York City for August, those are big numbers."
Additionally, Barnello said that at least 60% of Airbnb's rooms are located in the top 14 markets, meaning that companies with significant holdings in large cities are getting hurt worse.
http://uk.businessinsider.com/hotel-owners-worried-about-airbnb-2015-10