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
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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