March 9, 2017
In its quest to prove Airbnb Inc. is more than a casual home-sharing service, the hotel industry has issued a stinging analysis of the website that casts the company more like a professional short-term rental operation. The report released Thursday found that Airbnb hosts who rent out two or more properties in a single month represent the fastest-growing segment of the company’s revenue in the U.S. The analysis, conducted by real-estate firm CBRE and funded by the American Hotel and Lodging Association, an industry trade group, analyzed two years’ worth of Airbnb listings and revenue generated across the U.S…
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