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Here’s why some experts believe in the long-term approach over short-term rental platforms. For the full picture, find out some reasons Airbnbs can be better than long-term rentals .
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.
Sonder Holdings Inc. manages short-term rentals, such as apartment hotels, in North America, Europe, and Dubai. [2] [3] It was founded in Montreal, Canada in 2014 and since 2016 has been based in San Francisco, California. [4] [5] Sonder manages over 9,000 units in over 40 cities in 10 countries and has served over 1 million guests. [6]
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 ...
The term "platform" has since expanded to include digital matchmakers and multi-sided markets, as described by Jean-Charles Rochet and Jean Tirole in their seminal work on platform competition. [9] In an academic context, "platform" often refers to systems that facilitate interactions between different groups, such as Uber, Airbnb, or TaskRabbit.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
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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