Founded in August of 2008 and based in San Francisco, California, Airbnb is a community marketplace for people to list, discover, and book unique accommodation around the world — online or from a mobile phone

Whether a flat for a night, a castle for a week, or a villa for a month, Airbnb connects people to unique travel experiences, at any price point, in more than 34,000 cities and 192 countries. 

There is talk of an IPO that would place it ahead of almost all of the quoted hotel groups in valuation.

Do you think this is "disruptive technology" that hoteliers need to be very scared of, or have the founders and their investors found demand that has here-to-for been untapped by the hotel industry?

What do you think?

Have you used it?