New York City's crackdown on Airbnb has been a jackpot for hotels. After the city effectively banned most short-term rentals ...

Regulations mostly exist to protect incumbent businesses from protection. New York City's recent AirBnB ban is the latest example.

CEO Brian Chesky called out increased competition from hotels and mounting regulatory pressure on short-term rentals as ongoing headwinds, forecasting Q3 revenue between $4.02 billion and $4.1 ...

It’s a win for the industry, which expects per-hotel-room profits to bump as much as 5% now that key competition’s been banned, and for the hotel unions, which obsess about Airbnb as a ...

Vacation platform Airbnb is making a bigger push into services and events while facing steeper competition from hotels.

Airbnb has fundamentally changed the way many people travel by bringing home sharing into the mainstream. The company, last valued at $18 billion in 2020, has grown to rival the hotel industry ...

Chesky noted that lots of boutique hotels are already listed on HotelTonight, the app Airbnb acquired in 2019 for more than $400 million. An Airbnb listing for The Parc Hotel in Queens, New York.

In some cities (Chicago), Airbnb hosts are subject to regulation, but local hotel operators face unfair, and possibly unsafe, competition. Does every Airbnb host have smoke detectors and safe egress?

In 2015, the Hotel Association of New York City released a study finding that competition from Airbnb and other short-term rentals reduced hotel revenues by $2 billion over the past year or so.