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Jim Abrahamson Interstate Hotels
News

Hotel CEOs Weigh In On Airbnb Abuses

... by unwelcome commercial operators."  Cities worry owners who use Airbnb to rent their places out full time are effectively taking ... in Philadelphia, you see the supply of rooms available on Airbnb increase," Mark says. "We generally believe that the fact ...

Sep 06, 2016
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Airbnb, threat to hotels
News

Morgan Stanley Analysts Say Airbnb Is Hurting Hotel Revenue Growth

... believed, and the threat is growing," Bloomberg reports. Still, Airbnb's major regulatory hurdles as of late may impact business ... in the near future. In San Francisco, critics allege Airbnb rentals cut down on affordable housing units, further exacerbating ...

Nov 18, 2016
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DNC
News

DNC: Airbnb, Uber Tell Democrats Shared-Economy Companies Are Vital To The Future

... a nice chunk of the estimated 40,000 DNC attendees. Airbnb and its shared-economy cousin Uber hosted a panel at ... the role the popular companies play in potential political opportunities. Airbnb cited a survey that 80% of Millennials support the company ...

Jul 26, 2016
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Political Strategist Says It's Not Looking Good For Airbnb Profits
News

Political Strategist Says It's Not Looking Good For Airbnb Profits

... strategist Bradley Tusk (pictured) questions whether Airbnb can recover from its missteps. Bradley says Airbnb has made two huge mistakes—one, it ... rent their apartment for less than 30 days.Tusk says Airbnb has two options, it can continue to operate in a ...

Jul 01, 2016
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Allen Smith, Four Seasons Hotels and Resorts CEO
News

Surviving Airbnb: Four Seasons CEO Says Tech, Customer Service Are Key For Luxury Hotels

...  it would be naive for luxury hotels to ignore the Airbnb effect and underestimate just how fast markets are changing. To ... to introduce a guest recognition program to increase customer loyalty. Airbnb set its sights on the luxury market in February when ...

Jun 08, 2017
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How Hotel Owners And Designers Are Using Airbnb's Ideas To Win Back Their Guests
News

How Hotel Owners And Designers Are Using Airbnb's Ideas To Win Back Their Guests

... and really take advantage of the tools we have that Airbnb doesn’t,” Sydell Group Senior Vice President and Chief ... for North American full service hotels Noah Silverman admitted that Airbnb has created competition, but he thinks the company has missed ...

Jan 11, 2018
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Airbnb Sued by French Couple for Imitating Their Apartment
News

French Couple Sues Airbnb Over Stolen Designs

... Three years later, the couple is suing Airbnb after discovering the home-share company's HQ ... to go directly to the lawyer." Although Airbnb doesn't deny that it models its office ... do so.Design is a big part of Airbnb's success. The company publishes a print ...

Nov 20, 2015
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Brokers: Airbnb Risks Could Outweigh the Benefits
News

Brokers on Airbnb: Multifamily's Becoming a Risky Proposition

... landlords for “illegally operating hotels” (run by their tenants through Airbnb) can outweigh the money they take in from rent—making ... $60k in fines. Next Step Realty’s Matt Bauman says Airbnb also hikes up rents, as landlords jack prices once tenants ...

Jan 04, 2016
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airbnb
News

High-End Hotels Shouldn’t Fear Airbnb, Budget Hotels Should

Airbnb isn't a threat to high-end hotels— ... key reason for his optimism is his prediction that Airbnb will not cut deeply into the business and high-end ...  earlier in the year concluded that once you go Airbnb, you don't go back (for holiday travel). [ ...

May 06, 2016
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San Francisco skyline
credit: Tony Webster
News

Over $600M Economic Activity in S.F., Oakland, Berkeley Tied To Airbnb

Airbnb may be at odds with some cities across the country, ... money was spent outside of urban cores. About 74% of Airbnb listings are outside of hotel districts, and 56% of guests ...

Dec 14, 2016
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