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News of the Week

Week of March 19th

· Airbnb,News of the week,Vacation Rental

Time to go pro: Airbnb takes on Expedia and Booking.com

Airbnb has announced it is expanding operations in 2018, welcoming professional accommodation owners aboard the platform. The announcement was made through a blogpost ‘An open letter from Airbnb to boutique hotel and B+B owners’.

According to research conducted by Airbnb with the Association of Independent Hospitality Professionals, small accommodation business owners say that fees charged by online travel agencies (OTAs) – such as Expedia and Booking.com – are too high. Airbnb’s research found some businesses were being charged commissions as high as 30%.

Airbnb's future in Australia: 'Our issues are going to look like a lemonade stand'

The global head of policy for Airbnb has a simple message for the local governments who are yet to decide on a policy framework to manage the ever-growing share accommodation site: if you can’t deal with us, how are you going to deal with what’s coming next.

"The issues that are coming behind us, cyber currency, drones doing deliveries, driverless cars, our issues are going to look like a lemonade stand compared to what’s coming," Chris Lehane told nine.com.au.

"And we’re not even getting into AI and robotics which are potentially going to challenge upwards of half all the jobs out there over the next 10 or 20 years."

Airbnb May Not Be Good for Hotels, but It’s a Boon for Everyone Else

Cities, counties, and states waging a war against short-term rentals by imposing hefty fines and burdensome regulations on hosts and booking platforms, such as Airbnb and VRBO, should reconsider their heavy-handed approach.

A new working paper published by the National Bureau of Economic Research finds that the presence of alternative lodging options financially benefits travelers, hosts, and the broader local economy.

Boston Mayor Withdraws Proposal to Regulate Airbnbs

Boston's mayor is reportedly pulling back his plan to govern short-term rentals such as Airbnb.

State House News Service reports Mayor Marty Walsh told city councilors of his intention to withdraw is proposal and resubmit a new one in order "to produce the most effective policy" in a letter on Wednesday.

The previous plan proposed having three tiers for rentals, including one for a space in a residence while the primary owner or renter is there, another one for when the entire residence is rented out while the owner or tenant isn't in residence and another one that isn't occupied by an owner or a tenant.

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