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Microsoft's approach in Atlanta is a byproduct of growing demand that companies need to give back to the community when accepting incentives.
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JLL has teamed up with proptech firm Lavanda to create JLL Short Stays, and Airbnb has moved into bricks-and-mortar.
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Competition in the traditional rental space is leading investment firms to sink millions into more obscure areas of the market.
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Many hospitality stocks dropped at least 5% in premarket trading, though there was recovery in the second half of the day.
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Construction has begun on a 670-bed student housing building over a Publix grocery story.
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New York is rolling out new laws to heighten regulation of short-term rentals like Airbnb starting next month.
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The bill was introduced by legislators from the state's mountain towns.
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Philly says it finally began enforcing a law passed in 2021 against unlicensed short-term rentals, but the city offered few details on what is different.
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Opponents say the state has no right to dictate land use policy on a local level.
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Houston Mayor John Whitmire says he is ready to tackle issues with short-term rentals that are bothering neighbors.
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