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Airbnb in Talks to Settle New York Lawsuit

Airbnb is in talks with New York City and the state to resolve a lawsuit over a new law that authorizes up to $7,500 in fines for illegal short-term apartment rentals. The potential settlement would protect Airbnb against those fines ...

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Airbnb Loses Legislative Battle, Responds with Lawsuit

Just hours after New York Governor Andrew Cuomo signed a bill into law that will fine residents who illegally host short-term rentals, Airbnb has responded by suing in Manhattan federal court. The company claims this new law violates the company’s ...

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Airbnb Faces New Scrutiny Over Taxes

American Family Voices, a D.C.–based nonprofit, is filing freedom of information requests with 11 cities, states, and counties to learn in greater detail the tax deals they are making with Airbnb. The organization says Airbnb’s tax agreements make it more ...

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Airbnb’s $555 Million Funding Round Led by Google Capital

In a massive funding round led by Alphabet’s Google Capital and Technology Crossover Ventures, Airbnb has raised more than $555 million in new primary equity at a $30 billion valuation. The infusion could eventually total $850 million. For more information, click ...

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New Ads Accuse Airbnb of Dodging Taxes

A new ad campaign claims that Airbnb uses more than 40 subsidiaries as tax havens, allowing the company to only pay a small amount of the taxes it owes governments. The ads are being paid for by ShareBetter, a coalition of elected ...

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Airbnb Expands Its Reach Within the U.S.

Airbnb Expands Its Reach Within the U.S.

Airbnb has continued to grow throughout the United States in 2016, and recently in cities that heretofore have not felt the impact of the home-sharing behemoth. CBRE Hotels’ Americas Research released a report in February 2016 titled “The Sharing Economy ...

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