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Airbnb Engineering Hosts’ Demise To Game Market In Their Favor
Summary
In this video, Sean Rakidzich discusses a Bloomberg article reporting that Airbnb is looking to raise funds and purchase distressed assets during the current economic crisis. He suspects that Airbnb has been leveraging the circumstances to create an environment that benefits the companies in which they have invested at the expense of independent hosts.
More from Regulations & Compliance
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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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