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I wonder if they’ll still be profitable as more and more cities become aware of the negative side effects of Airbnb use and implement various sorts of bans on t
by Tiktaalik 10y ago
I wonder if they’ll still be profitable as more and more cities become aware of the negative side effects of Airbnb use and implement various sorts of bans on types of commercial Airbnb activity.
A researcher at UBC estimated that commercial operators were responsible for generating 77% of Airbnb revenue in Vancouver. The City of Vancouver is planning on legalizing Airbnb, but will ban commercial operators that rent out entire residences. This will likely significantly reduce the amount of commercially operated Airbnbs in the city and this could result in significantly less revenue that Airbnb generates from Vancouver.
If this researchers’ numbers are at all reasonably accurate, and other cities have similar levels of commercial activity, and the trend of cities banning commercial operators catches on, that would be a major impact on Airbnb revenue.
http://www.theglobeandmail.com/news/british-columbia/vancouvers-top-airbnb-earners-are-commercial-hosts-research/article30324477/ http://www.theglobeandmail.com/news/british-columbia/vancouv...