Airbnb, the short-term rental platform, is taking legal action against New York City over a new law that it claims amounts to a “de facto ban” on short-term rentals. As reported Thursday (June 1) by Reuters, the law, known as Local Law 18, is set...
Short-term rental site Airbnb has lowered its internal valuation to $26 billion, a 16 percent drop, as business continue to be hammered by lockdowns, Reuters reported, citing sources familiar with the matter. At its most recent funding round of $1 billion in September 2017, Airbnb...
August 22, 2023
Finding an Airbnb in New York City is getting more challenging. That’s because hosts are scrubbing listings to comply with a city-imposed deadline, while the company is moving to prevent future bookings, The Wall Street Journal reported Tuesday (Aug. 22). Hosts are scrambling to be in the clear by Sept. 5, when the city will […]
June 01, 2023
Airbnb, the short-term rental platform, is taking legal action against New York City over a new law that it claims amounts to a “de facto ban” on short-term rentals. As...
April 03, 2020
Short-term rental site Airbnb has lowered its internal valuation to $26 billion, a 16 percent drop, as business continue to be hammered by lockdowns, Reuters reported, citing sources familiar with...
