You are here

Hotels draw up battle plans as Airbnb poses rising threat

Tuesday, April 18, 2017 - 05:50

BT_20170418_NSHOTELS18_2843555.jpg
A total of about 150 million travellers have stayed in 3 million Airbnb listings in more than 191 countries, says the company.

San Francisco

LAST year, Airbnb underwent a rough regulatory patch. The short-term rental company became a Federal Trade Commission target over the summer after three senators asked for an investigation into how companies such as Airbnb affect soaring housing costs. In October, Governor

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom