Online travel agencies have been sued for occupancy taxes since 2004, before Airbnb's founding. Two decades later, the issue is ongoing around the world.
David Stephenson is slated to become Airbnb chief business officer January 1, but he will also be CFO through the end of February. His last earnings call as CFO would be in mid-February.
Airbnb's Host Clubs don't solely exist to enlist in local regulatory campaigns. But in the past, the company's public policy team has been heavily involved in their operations, and will be in the future.
Booking.com and Airbnb are raiding each other's territories. With their different roots, Booking.com needs to grow short-term rentals in the U.S. while Airbnb seeks to expand in Europe and elsewhere internationally.
The reshuffle of Airbnb's executive ranks should be viewed in the context of the need to reinvigorate the company's growth prospects, including international expansion.
Just more than a month after luxury hospitality brand Inspirato executed a reverse stock split to meet Nasdaq listing requirements, the company said Friday it received a Nasdaq notice on…