Articles tagged “regulation”

Uber CEO Hopes IPO Will Solve Its Saudi Arabia Investor Problem

Uber CEO Hopes IPO Will Solve Its Saudi Arabia Investor Problem

Dennis Schaal, Skift

Uber needs to shed its Saudi Arabia investment as long as Crown Prince Mohammed Bin Salman remains in power, and the country bombs innocents in Yemen. Uber's leaders know they have to do this, but how they dump their Saudi investment and the extent of the divorce remain to be seen.

1 month ago

The Roadblocks Airbnb Must Tackle on Its Way to Possible IPO: Skift’s Latest Research

The Roadblocks Airbnb Must Tackle on Its Way to Possible IPO: Skift’s Latest Research

Rebecca Stone, Skift Research

What is hurting Airbnb’s ability to see true success? Increasing regulation, the company’s potential impact on local housing markets and the traditional hotel sector, and the company’s increasing role in hospitality and accommodation distribution. In this report, we attack all three.

3 months ago

China Online Travel Faces Unprecedented Regulation

China Online Travel Faces Unprecedented Regulation

Bloomberg

Chinese online travel may be imperiled from increasing regulation as well as the trade war and aggressive rhetoric between the U.S. and China. On the other hand, the Chinese middle class will not be denied; their passports are ready.

4 months ago

$5 Billion EU Fine Against Google Brings Travel Back Into the Spotlight

$5 Billion EU Fine Against Google Brings Travel Back Into the Spotlight

Patrick Whyte, Skift

With another multibillion dollar fine handed down, we might be getting nearer to the European Commission taking a closer look at Google's travel products.

6 months ago

Uber Is Fighting Its London Ban in Court Without Much Pushback From Regulators

Uber Is Fighting Its London Ban in Court Without Much Pushback From Regulators

Jeremy Hodges and Jonathan Browning, Bloomberg

Uber claims it has addressed the regulatory concerns that caused it to lose its operating license in London. Regulators agree that the ridesharing company has changed course, but a judge must decide what happens next.

7 months ago

Airbnb and HomeAway Will Operate in Vancouver Despite Tight Rental Restrictions

Airbnb and HomeAway Will Operate in Vancouver Despite Tight Rental Restrictions

Natalie Wong and Gerrit De Vynck, Bloomberg

Vancouver isn't banning short-term rentals, but is trying to take carpetbagger investors running quasi-hotels out of the game. Airbnb and HomeAway are playing their own game — trying to make nice with regulators to avoid outright prohibitions.

1 year ago

The European Union Is Preparing to Get Tough on Data Protection

The European Union Is Preparing to Get Tough on Data Protection

Patrick Whyte , Skift

With privacy and data protection becoming bigger issues for consumers, it's not a surprise to see the European Union step up its regulation. Travel companies all over the world should be paying attention.

1 year ago

3 Charts That Better Explain Airbnb in New York City

3 Charts That Better Explain Airbnb in New York City

Dave Montali, Skift

Airbnb dropping their NYC lawsuit is the latest move in its rocky relationship. The burden now lies on New York hosts to understand their exposure.

2 years ago

Airbnb Drops NYC Lawsuit But Hosts Still Face Huge Fines

Airbnb Drops NYC Lawsuit But Hosts Still Face Huge Fines

Joshua Brustein, Bloomberg

The settlement with New York City amounts to a defeat for Airbnb in its largest market in the U.S.. If it were a public company, its stock would have just taken a nosedive. Now it remains to be seen how aggressively NYC enforces penalties against hosts who aren't present during a rental.

2 years ago

6 Highlights From the DOT’s New Passenger-Friendly Airline Guidelines

6 Highlights From the DOT’s New Passenger-Friendly Airline Guidelines

Brian Sumers, Skift

Some consumer protections are better than no consumer protections. But the steps outlined this week by the Obama Administration are relatively minor. They won't do much to change the travel experience.

2 years ago

Airbnb IPO Will Have to Wait Until Legal Issues Are Dealt With

Airbnb IPO Will Have to Wait Until Legal Issues Are Dealt With

Yuji Nakamura, Bloomberg

Airbnb board member Jeff Jordan believes that it will be in the financial interest of hosts to oppose overly aggressive regulations against the company in coming years. That sort of outcry by passengers has worked to a certain extent for Uber when faced with municipal crackdowns. Uber is not Airbnb, though. Whether disparate Airbnb hosts can unify out of self-interest as a potent force to oppose tough regulations and hotel lobbying remains to be seen.

2 years ago

The Manifesto for a Common Sense Approach to Regulating Airbnb

The Manifesto for a Common Sense Approach to Regulating Airbnb

Deanna Ting, Skift

Can such a thing exist? Yes, but if we want it to work, we need short-term rental platforms and local governments to cooperate with each other.

2 years ago