The chain will offer members direct booking access to a collection of short-term private-home rentals.
A study by the U.K.-based travel consumer watchdog Which? found that hotels are cheaper than an equivalent one-bedroom apartment on Airbnb or peer short-term-rental provider Vrbo in 38 out of 50 destinations popular among travelers.
Airbnb called the data"flawed" and said that it"overstates prices on Airbnb, and compares standard hotel rooms to entire places."Under a new ordinance, rentals shorter than 30 days are allowed only if hosts register with the city, commit to being physically present in the home for the duration of the rental and share living quarters with their guests.
Airbnb has said the new rules amount to a “de facto ban” on the platform and Chief Executive Brian Chesky said he was saddened and disappointed by the city's decision.Chesky traveled to Paris to help the city plan for what is expected to be a big surge of tourists for the 2024 Olympics.The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
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