Room for all, for now. But there are signs that the sharing site (住房分享网站) is starting to threaten budget hotels. Even as they lobby regulators to crack down on residential sharing services, hoteliers play down the threat such companies pose to their industry. The top brass at the Four Seasons and Hilton chains have all said that these firms do not compete for their core market; a vice-president of The Ritz-Carlton group recently claimed she had not even heard of Airbnb. And Airbnb itself agrees, arguing that it does not displace existing lodging but is creating new demand. "I’m optimistic that there isn’t going to be a war" with hotels, Brian Chesky, its boss, said in January. A recent study seems to confirm that, for now at least, Airbnb is only nibbling at influence from Airbnb on business and luxury hotels. But in places where it has established a presence, it cut the revenues of budget hotels by 5% in the two years to December 2013. If Airbnb were to keep growing at its current rate, the Texas study suggests that by 2016 the dent in budget hotels’ takings will be 10%. With their high fixed costs, that could push many of them into the red. Of course, Airbnb may hit the limits of either supply or demand before then, but smaller hotels are already blaming it for their woes. "I see a direct correlation between our revenues going down and Airbnb’s going up," says Vijay Dandapani, the president of Apple Core Hotels in New York. "We had continued growth until Airbnb." The financing round that Airbnb has just closed, valuing it at more than all but the four largest global hotel groups, suggests that investors agree. Concur, a travel-and expense-management firm, has seen its corporate clients’ Airbnb bookings grow from a rounding error at the start of 2012 to more than lmillion so far this year. If Airbnb can integrate with online travel agencies such as Expedia and increase the share of its hosts that provide instant booking confirmation, business hotels may find themselves with a surprisingly unignorable competitor. What’s the meaning of "Room for all, for now."
A. Everyone will have a private room as soon as possible. B. The online travel agencies will offer us a room quickly. C. It is quite convenient for people to book rooms on sharing site. D. The information on sharing site is useful for us to book rooms.