Tag: Apartment RentalsView All Tags
Back in the spring, we took an in-depth look at Airbnb and its appeal to travelers. We saw how its affordability might become a threat to higher-priced hotels, and we wondered how the industry would respond to the up and coming competition. Travelers, it seems, are really liking the idea of playing house at someone else's place, especially when it costs significantly less than a hotel.
Well, it looks like the City of New York has the hotel industry's back. According to the Associated Press, the city is tired of losing what it could be gaining in lodging tax if Airbnb users stayed at hotels, and last week Attorney General Eric Schneiderman demanded the company turn over a list of residents who are using the site on the basis that they are breaking a state law by renting out their apartments. In New York, it is illegal for someone to sublet their apartment for less than 30 days if they are not also present.
Man, this one is going to get ugly, as Airbnb is a fan favorite with the general population to say the least, and has saved travelers mucho dinero across the globe. But when it comes at the expense of the government, we all know how that story ends.