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Airbnb Inc will need to share the names and addresses of hosts in New York City with officials thanks to a new law, the latest setback for the home-rental company in one of the world’s largest tourism destinations.
Airbnb Inc and New York City said they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals.
Airbnb, the online lodging service that investors now believe is worth US$30bil (RM125.53bil), faces a reckoning.
New York State has passed legislation that would ban Airbnb users from listing some short-term rentals, a move that represents a new line of attack by legislators against the company in one of its most important markets.
Airbnb, the peer-to-peer accommodation platform, has acquired the trip-planning tool Vamo for an undisclosed amount.
Airbnb said more than 1,000 companies have joined its new programme allowing business travellers to use the peer-to-peer-lodging service.
Airbnb on Monday set out to woo business travellers to its service that lets people turn unused rooms in homes into de facto hotel space.
Online lodgings listings service Airbnb on Wednesday took the wraps off a major remodel of its online home complete with a new logo.
Online lodging listings website Airbnb inked a US$450mil (RM1.46bil) funding deal with investors led by TPG, a source close to the matter said Friday.