Seven: Thirty – What is Airbnb doing to your rent?

March 27, 2017 There have long been claims by advocates that Airbnb drives up the cost of rent in cities by taking units off the market, but there now is a growing case for that being true in DC. A new report shows that “commercial” Airbnb listings (where one owner lists out multiple units) are […]

Democrat & Rochester – Airbnb’s rise worries some hotels in Rochester area

March 24, 2017 That down-home feeling has helped grow Airbnb from a fledgling company looking to gain traction across the state about seven years ago to providing lodging to 2 million guests last year, a growth of roughly 43 percent from 2015. Airbnb’s rise already has threatened to undercut existing hotels much in the same […]