March 31, 2017
Airbnb, the short-term rental service that upended hotel markets in New York, San Francisco and Miami, is starting to cut into profits for hoteliers in Texas and attract attention from local lawmakers. San Antonio officials, led by District 10 Councilman Mike Gallagher, are looking at regulating rentals on sites like Airbnb and HomeAway Inc., where homeowners and apartment dwellers can rent out their entire place or a spare room on a nightly basis — often at a fraction of the cost of a night’s stay at a traditional hotel…
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