There are few fiercer enemies than Airbnb and the hotel industry. The two have been at each other’s throats practically since the short-term rental giant began back in 2008. Yet they now appear to agree on at least one thing: They could each stand to learn a thing or two from the other. On Monday, Airbnb adopted a strategy from the hotel playbook, announcing a fleet of new apartment-style luxury hotel suites exclusively available for Airbnb guests in New York City.

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