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It was reported that short-term listings on Airbnb generated $85 million in net revenue in New York City alone in 2022. Then, in 2023, the city cracked down on short-term rentals on Airbnb, causing...
Airbnb hosts who welcomed at least one guest in the first six months of 2021 earned an average annual profit of $9,600, according to Airbnb's own data. What's more, half of the site's activated...
Airbnb, Inc. (/ ˌ ɛər ˌ b iː ɛ n ˈ b iː / AIR-BEE-en-BEE, an abbreviation of its original name, "Air Bed and Breakfast" [5]) is an American company operating an online marketplace for short-and-long-term homestays and experiences in various countries and regions.
The company has over $900 million in cash and zero long-term debt, and has still profited $164 million on a net-income basis year to date. When it comes to competing against smaller, upstart ...
Short-term rentals can pose a policy challenge to local lawmakers, who have to find a way to mitigate the problems that they cause for permanent residents. For example, in Santa Cruz, California, local supervisors have discussed parking restrictions in the areas where there are many short-term rentals, in order to discourage people from staying ...
An online home rental marketplace [11] [12] Peerspace: United States: An online hourly venue rental service Onefinestay: United Kingdom [a] An online rental service [13] Vrbo/HomeAway: United States [a] An online home rental service. [14] [15] [12] In July 2020, HomeAway was merged with Vrbo. [16] Xiaozhu: China: An online short-term home and ...
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