OTA juggernauts have been impacting the lodging industry in a number of ways. Over the years, they’ve gained market cap from some of the leading hospitality chains in the market. A market factor suddenly impeding their growth potential in the industry is highly unlikely to occur, the experts of the roundtable believe. "I don't think anything will really derail them," said Mark Mahaney, managing director at RBC. "I think over time, execution risk associated with some of these companies comes down. They prove themselves shift after shift: airband to broadband, desktop to mobile, market after market—a couple of different verticals.” The reason OTAs are succeeding in the market? “Really good management teams,” which ultimately decreases execution risk for them in the long term. Get the full story at Hotel Business