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NYC's short-term rental ban slashed Airbnb listings. A year later, it's unclear if it's made housing more affordable. Eliza Relman,Dan Latu. October 16, 2024 at 11:58 AM.
(Reuters) - Airbnb on Tuesday asked New York City to reconsider regulations on short-term rentals that went into effect in September 2023, citing higher prices for travelers and zero impact on the ...
A New York judge on Tuesday dismissed Airbnb's lawsuit against New York City over legislation it called a "de facto ban" against short-term rentals on Tuesday. Justice Arlene Bluth of a state ...
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
In January 2022, Hopper Homes was launched to provide short-term home rentals. [16] [17] A month later, in February 2022, the company was valued at $5 billion after a $35 million secondary share sale. [18] It received $96 million in additional investment from Capital One in November 2022. [19]
In 2012, Tripping.com became a metasearch engine for vacation rentals. [5] On May 19, 2014, the company closed its Series A round in the $5 million to $10 million range. [6] On July 28, 2015, the company closed its round of Series B funding at US$16 million. [7]
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