Airbnb said on Friday it is restricting the ability of people under 25 in Britain, France, and Spain from renting entire homes via its platform in order to reduce unauthorized parties and ensure safety.
Home rental firm Airbnb struck a partnership with Brazil's Sao Paulo state to encourage tourism once the novel coronavirus crisis has passed, a company executive said on Friday.
The accommodation-booking service Airbnb does not need an estate agent's license to operate in France, Europe's top court has ruled. The French tourism association had complained that Airbnb did not comply with French property laws.
Every so often, industries become disrupted by an innovative idea or different approach to providing services in order to match customer demand. We have seen how Uber changed the landscape for the taxi industry, using a model that offers a quick and easy solution to booking a local taxi via an app and signing up self-employed drivers.
French hotel owners assailed Airbnb on Wednesday over its new partnership with the International Olympic Committee, warning they would stop working on the planning for the Paris 2024 summer Games to protest against what they call an unfair competitor.
Airbnb Inc recorded US$9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a key number that could help pull in investors as the home-sharing company plans its foray into the public market.
After New York Gov. Andrew Cuomo signed legislation on Friday imposing costly fines onto people who advertise illegal rentals online, the housing site Airbnb sued, contending that the law violates freedom of speech and is unconstitutional.