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Hotels draw up battle plans as Airbnb poses rising threat

Tuesday, April 18, 2017 - 05:50

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

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