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Airbnb Plans Dual Stock Sales

Investors have been eagerly awaiting an Airbnb IPO, but now the home-sharing company is reportedly planning a new funding round and an employee stock sale to push off the need to go public. The dual stock sales are expected to ...

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Airbnb Ordinance Passes in Chicago

Yesterday, Chicago aldermen passed Mayor Rahm Emanuel’s plans to regulate Airbnb and Uber. After the approval, Airbnb senior adviser Will Burns said Chicago is giving a big welcome to home-sharing with the ordinance. To read the latest on the Airbnb ...

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New York Restricts Airbnb Ads

On Friday, a bill penalizing Airbnb users who advertise some short-term rentals in New York City passed both houses of the Legislature and will move to Gov. Andrew Cuomo’s desk. Under the legislation, renters cannot advertise homesharing in multi-family units ...

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Law Comes Down on Airbnb in Several States

Albany, N.Y., lawmakers are preparing to ban Airbnb-style posts for short-term sublets with a bipartisan bill that could get floor votes today or tomorrow. This new legislation would make advertising a sublet or any use other than a permanent residence ...

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Airbnb Makes $76 Million from Multi-Unit Miami Operators

Airbnb Makes $76 Million from Multi-Unit Miami Operators

WASHINGTON, D.C.—The American Hotel & Lodging Association (AH&LA) has released a new study that provides a detailed analysis of the rise in commercial activity taking place in Miami on Airbnb, one of the most trafficked short-term rental websites. The study was ...

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