March 1, 2017
If you want to understand both the opportunities and the risks facing Airbnb, all you have to do is spend a few days in Barcelona. The city is massively popular with Airbnb users and was the company’s sixth-largest city in 2016. But that success has bred confrontation and hard feelings with local elected officials and the tourism industry here. The company needs to find a way to navigate such local fights successfully if it wants to continue growing and justify its sky-high valuation…
Source