New Skift Research Weighs Regulations on Airbnb Versus Overall Economic Benefits
Photo Caption: The regulatory environment is becoming increasingly more restrictive for Airbnb. Airbnb
Skift Take
The regulatory environment for Airbnb is becoming increasingly more restrictive, but completely wiping out Airbnb as an alternative for travel accommodations via regulation won't necessarily be beneficial from an economic standpoint.
The impact of regulation on Airbnb’s growth has been a key area of concern for critics, and not without reason. In New York, for instance, rentals for fewer than 30 days are illegal unless a resident is present for a certain type of apartment building with three or more units. Airbnb is also in a legal battle against the city over a law forcing the company to share host information. Issues like these, which can cause listings to decline significantly in the market, demonstrate the power that regulations can have over the company’s growth.
In our latest Skift Research report, A Deep Dive Into Airbnb 2018: Tackling Roadblocks on the Runway, we assess a few key areas of focus and controversy for the company, one of which relates to the impact increasing regulation is having on Airbnb.
While Airbnb is diversifying its product lines (experiences, restaurants, hotels, etc.), the company is also diligently working with regulators to try to set up and implement the best policies on a
