New York City has only approved a couple of thousand host registrations, and all for reservations where the host is present during the stay. That's great news for neighborhoods sick of house parties and illegal hotels, and dour news for tourists and short-term rental platforms.
Short-term rental regulations in New York City have harmed some businesses, but here's an example of a startup whose founders said the rules have helped.
There will clearly be more pruning to come as Expedia Group expands its One Key loyalty program to Europe, and takes hard looks at its brands and operations in countries around the world.
On July 1, consumers will find out if cruise operators are going to stick with the spirit of California's new junk fee regulation: full price transparency.
Sonder is on a painful drive to rid itself of bad leases, to renegotiate others, and then it has to restate two years of earnings. This isn't easy stuff.
The issues the U.S. Department of Justice raised with Marriott weren't particularly unique to the hotel operator and are actually pretty common in the industry. This deal might lead to sector-wide change regarding accessible rooms.
Some New York City homeowners believe they should still be allowed to list their homes on Airbnb despite the city's ban, and they're not letting up in their demand for reinstatement.