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The Latest Breaking News from Airbnb

Will taxing short stays boost long-term rental supply? Other policies would achieve more

The Victorian government, like many governments around the world, has announced new regulations on short-stay accommodation. The government says Victoria has more than 36,000 short-stay places, which are reducing the number of homes available for long-term rental.

The Conversation

Phone hacking scandal just a ‘mishap’ in The Australian’s tribute to their boss Rupert Murdoch’s ‘creative mind’

Paul Kelly praises ‘massive work ethic’ of Murdoch but newspaper not tipped off.

The Guardian - AU

Airbnb cracking down on fake listings, will use AI to verify ads

Fake listings have emerged as a major problem for Airbnb, threatening to scare off consumers and prompting the short-term rental service to use AI in an effort to crack down on fraudsters.

France 24

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NSW considering following Victoria’s lead by taxing Airbnb revenue

NSW treasurer wants to stop ‘long-term rentals being pulled from the market and short-term rentals taking their place’ during housing crisis

The Guardian - AU

Airbnb (ABNB): What Is the Investment Potential of This Travel Stock?

While Airbnb (ABNB) has been garnering investors’ attention as it secured a position in the S&P 500, it has seen significant insider selling over the past year. So, is this stock worth buying? Keep reading.

StockNews.com

Millions of people are watching this woman’s videos of what guests leave at her AirBnb

The TikTok series has amassed over 23 million views on the platform

The Independent UK

Airbnb says it's cracking down on fake listings and has removed 59,000 of them this year

Airbnb says it's cracking down on fake listings, which are emerging as a major problem for customers of the short-term rental site

The Independent UK

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A short-stay levy and 800,000 new homes: how Victoria plans to ease the housing crisis

Labor’s housing statement pledges to speed up approval times, rebuild ageing towers and unlock land in established suburbs. Here’s what we know so far

The Guardian - AU

Australian-first 7.5% levy to hit all Airbnb and short-stay accomodation in Victoria

Daniel Andrews also announces redevelopment of 44 public housing towers and more renter protections

The Guardian - AU

Woman shares items guests left at her AirBnb

The TikTok series has amassed over 23 million views on the platform

The Independent UK

‘Surprising’ study finds hotels generally cheaper than Airbnb

Consumer group Which? compares cost of thousands of hotel rooms with 300,000 one-bed listings on popular accommodation rental websites

The Independent UK

Study finds hotels are usually cheaper than Airbnb

Consumer group Which? compared the cost of thousands of hotel rooms with 300,000 one-bed listings on popular accommodation rental websites.

The Independent UK

Airbnb CEO eliminated ‘fiefdoms’ and got more involved to survive the pandemic—and it’s proven to be a better strategy anyway

The lesson, says Brian Chesky, is founders should resist the urge to “divisionalize” their companies as they grow.

Fortune

Victoria could introduce 7.5% levy on Airbnb prices

Fee for consumers using short-term accommodation across the state could raise $42m for government

The Guardian - AU

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The Independent UK

The major holiday hotspots cracking down on overtourism

From tourist taxes to caps, here are the holiday hotspots taking measures to bring down escalating visitor numbers

The Independent UK

An Airbnb, Vrbo or other rental host ghosted you. Now what?

Sometimes hosts offering to rent their vacation home, RV or car through peer-to-peer sharing sites don’t show up at the time they promised to exchange keys

Newsroom.co.nz

Workers living in cars the new normal in Queenstown

There’s a housing crisis in Queenstown, yet 27 percent of the stock is sitting empty most of the year. Political editor Jo Moir visited the tourism hotspot to investigate what’s going on.

The National (Scotland)

Gerry Hassan: We are all being diminished by the trashing of public debate

THE weaponisation of public debate and language used in politics continues unabated.

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news in one place.

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Texas Observer

Short-Term Rentals Cause a Long-Term Mess

Giant rental platforms are creating drama in the streets—and putting money in the coffers of Texas cities.

Reason

What's the Libertarian Answer to New York's Migrant Crisis?

Plus: A listener asks the editors to name America's unsung or undersung heroes.

Fortune

The Airbnb IPO was a huge success, but its CEO says it was “one of the saddest periods” of his life

"You’re connected to your roots, and your roots are the relationships in your past,” Barack Obama advised Chesky.

The Canberra Times

Why these Canberrans think short-stay rentals are good for the economy

'We're actually increasing the supply of accommodation.'

Reason

Did NYC Just Kneecap Airbnb?

"The city is treating our private property as the city's housing stock."

StockNews.com

Airbnb (ABNB): Is This Travel Stock a Buy in September 2023?

While Airbnb (ABNB) is garnering investors’ attention as it is set to join the S&P 500, New York City’s crackdown on Airbnb is creating near-term uncertainties for the company. So, is ABNB worth buying now? Keep reading.

France 24

Apple shares fall amid reports of iPhone ban by Chinese government

Apple's market value has tumbled by some $200 billion in the wake of reports that Beijing has banned iPhones among government employees. We take a closer look. Also, Chinese car manufacturers make inroads into the European market, and New York City cracks down on Airbnb.

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