EP146: This Week in the World of Airbnb
Summary
This article discusses several topics related to the Airbnb platform, including the hotel industry's efforts to regulate Airbnb, corporate travel policies, and a lawsuit Airbnb filed against the city of Miami. Hosts should be aware of regulatory trends in popular markets and how these changes could impact business and business traveler needs.
Key Insights
- •The American Hotel and Lodging Association has a formal plan to rein in Airbnb.
- •Regulations have slowed the growth of Airbnb in some of the company’s most popular markets, such as NYC and Barcelona.
Action Items
- ✓Consider the potential impact of local regulations on your Airbnb business.Effort: lowImpact: medium
- ✓Be aware of the evolving regulations in your local market.Effort: lowImpact: medium
Tools & Resources
- →New York Times: Article from the New York Times on the hotel industry’s plan.(nytimes.com/2017/04/16/technology/inside-the-hotel-industrys-plan-to-combat-airbnb.htm)
- →Skift: Article from Skift on corporate travel and home sharing.(skift.com/2017/04/17/corporate-travel-still-doesnt-get-homesharing-despite-business-traveler-use)
Common Mistakes
- ⚠Not being aware of local regulations and how they impact your listing.
More from Regulations & Compliance
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Palm Springs, CA considers a new tax on hotels and short-term rentals, with funds earmarked for the Convention Center. The proposed tax aims to boost tourism infrastructure by generating additional revenue. This could impact host profitability and market competitiveness in the region.
Curated by Learn STR by GoStudioM