April 17th, 2016
Airbnb is the most famous hotel distribution network and it is a massive hit across the globe. It was found by Brian Chesky in 2008 and it is now an inspiration to many startups. It is very evident that Airbnb has grown to be the most successful firm in the sharing economy. It has offered a lot of features for its users to grab attention from the media and is constantly looking to excel further in the industry.
The mighty Airbnb is a dangerous threat to several hotel services and the traditional hotels are already feeling the heat! Nowadays, people from the United States prefer Airbnb to other private hotels for better and convenient service. Despite all those controversies, people still choose Airbnb for its efficient and affordable service. The US based company has now shifted its focus on to the corporate world as well. The private hotels’ only target business travelers are now sold to Airbnb, bad luck! Several hotel managers are left with no choice except to shut down the hotels and possibly find another profession. Also, hotels that offer rooms for cheaper prices could be an epic fail in the industry if Airbnb continues to provide worthy services.
Although, Airbnb does not offer hotels with many facilities as private hotels, it has got a better edge over the traditional hotels. Honestly speaking, Airbnb is slowly taking over the usual hotels in the US, a sincere condolence to the poor hotel managers!
March 14th, 2016
A company introduces a service connecting the property owners with people rent out these properties for short term. For this a company just needs to create a site to act as an online matchmaker and make other arrangements.
This match making is for connecting the property owners with those who like to rent out their properties. It is a huge development, but it will not cause that much impact on the established industry.
This company activity looks similar like Airbnb and the name of the new company is FarmLink. It is a Kansas based company company of technology and data science that focus on agriculture like Tractors and Sprayers. The sharing service launched by the company is for heavy equipments and the service is called Machinery Linked sharing.
Users, who require the equipment can browse in the company page for the equipments, book them and return them to its original owner. Those equipments include Tractors, Sprayers and Harvest Equipment.
The company doesn’t think about its comparison with Airbnb, but the company like to cite the service while explaining its service to the reporters.It is just like Airbnb in providing agricultural equipments. The costs of newer equipment rise while the prices of older equipments being less. Some of the participants include agriculture retailers and farmer cooperative, who is allowed to set their own prices.This service offers heavy equipments to the renters which is useful for MachineryLink’s success. Machinery link provides good customer service and maintanence support.
February 10th, 2016
Mojority of people who rent their homes on the home rental service Airbnb lists only a single property, whereas 15 percent of them list multiple properties according to Globe review.It is concerned about the fact that the site is used to do significant lodging business while avoiding taxes and regulation.Another concern is that landlords who get more profit through the startup turn traditional housing to small scale units, reducing the supply of houses.
The state representative explains that the industry is totally an unregulated industry and more number of people is taking advantage of the industry. The company is not opposed to regulation and taxation.
The service of Airbnb is simple that enable people to rent a room wherever they require which have all the facilities as in home. Taxes are already paid by some of the tourists of Airbnb in a few countries including Philadelphia, Chicago, San Francisco and Washington.
More than 1062 users have posted 1496 Boston listings on the website. The Globe review shows that 85 percent of the people have listed only single property, while the remaining 15 percent listed multiple properties.
The hotel industries also have concerns about the website. It says that it is fair for the spaces rented out by Airbnb are regulated and taxed.A survey of its users revealed that 82 percent of the listed properties were primary residents, 8 percent were investment residents, 6 were secondary and remaining 4 were in law unit attached to primary.
January 5th, 2016
It will be more difficult in future to rent out the homes on Airbnb, if a couple of bills are passed by the D.C Council.The district doesn’t show much interest in fighting with the housing regulations in the home sharing industry, since Airbnb agreed to remit all the tourist taxes that are imposed on short term rentals. But, fights continued in the country, as lawmakers, community groups and hospitality interests is trying to prevent property owners from using the service in order to configure the functionally hotels without regulation.
One bill passed by the union of hotel workers may ban the whole units even if the owner is not present.It disables hosts from renting out more than one unit at a time.
It creates an unusual department of enforcement within the District’s department of Regulatory Affairs and consumers to prevent to regulate inspections and authorize third parties like housing managing advocates and neighborhood groups to take legal action against violations.Airbnb causes a threat against Airbnb profitability for Unite-Here Local 25. Another main aim of the bill is to prevent people from sparing the apartment that are otherwise inhabited by long term tenants.
A unit found that above 40 percent of the listings in Airbnb belongs to hosts who have listed more than one unit on the home rental site and the some active users advertise 79 of them.According to the census there were thousands of housing units in the district in the year 2014 so Airbnb will not be having any effect in pricing.