Skift Take
Airbnb will survive the regulatory clampdown in New York City as it only generated about 1% of its 2022 revenue. Still, the city is an important market, and this will hurt.
Thousands of Airbnb listings could be at risk after September 5 when New York City has said it will begin to enforce its host registration law regarding short-term rentals. Estimates are a moving target.
Even if listings are still on the platform, Airbnb says it will turn off calendars for stays with ineligible hosts starting September 5.
There are several rules that determine eligibility, including: Registered hosts can only book stays for fewer than 30 days and they must be present during the guest’s stay. In addition, hosts must register with NYC’s Office of Special Enforcement – just 257 applications have been approved so far, Skift reported this week.
And how the city will enforce the law is unclear. Skift obtained an email fr