NasdaqGS:ABNBHospitality
Airbnb Rethinks Growth With Regulated Apartments And Fraud Crackdown
Airbnb (NasdaqGS:ABNB) is adjusting its business model in response to tighter regulations and shifting demand patterns.
The company is promoting Airbnb friendly apartment buildings that allow legal short term rentals under building level rules.
Airbnb is also increasing efforts to detect and remove fraudulent listings from its platform.
Airbnb runs a global short term rental platform that connects guests with hosts offering homes, rooms, and longer stays. As city level rules on short term...