Regulation Is Starting To Hurt Airbnb

Airbnb has shaken up the global hotels and short-term letting market by giving more freedom and flexibility to both landlords and renters. However, while Airbnb has helped non-professional landlords, it has become a threat to the hotel industry.

According to a report from Morgan Stanley, Airbnb is on track to rack up more than 100 million stays this year. Based on figures from 2016, half of these visitors will use the service to replace a traditional hotel stay. But the company still only represents a tiny sliver of the Hotel industry with the company only accounting for 6% of the hotel industry’s room supply, 4%of demand and nearly 7% of its revenue within the US according to commercial real...