Articles tagged “regulation”

New York City's defacto short-term rental ban is harsh. Hopefully, the city will revisit the law to strike a more balanced approach.

Airbnb hosts in South Africa have surpassed their pre-pandemic revenue levels, and the online travel agency sees several reasons why growth should rise significantly in the next couple of years.

The implementation of New York City's host registration law last month has enabled one landlord to win a temporary restraining order against both Airbnb and a host from listing a…

California Governor Gavin Newsom signed into law on October 7 a bill to ban mandatory hidden fees — also called junk fees — starting July 1, 2024.

If you follow the money in New York City's pressurized short-term rental industry, it's going underground or to venues with few protections for guests and hosts.

A Skift scoop: Hilton told hotel owners it was changing policy to ensure mandatory resort fees are displayed upfront on all its sites and apps. The move follows Marriott and Hyatt's similar steps this year.

Some believe that hotels stand to gain from Airbnb's NYC woes. Properties that might see an upside include Sonders and traditional hotels using Airbnb to sell rooms, especially if Airbnb opts to lean into the proposition.

Platforms and hosts will get some breathing room from the city in the early days after the registration rules kick in. There are enough moving parts to keep most of the fines at bay in the short term.

Marriott said in May it would include resort fees in the first prices travelers see on its site and app. Hyatt and MGM Resorts have also made a change. Which hotel group will be next?

As the short-term rental market grows rapidly in Asia-Pacific, all of the stakeholders involved will grow along with it. The sector is expected to remain fragmented for now, but in the coming few years as the market matures and its demand-supply equilibrium gets defined, market leaders will emerge.