Last week, Airbnb removed 2,233 New York based listings from its site in its latest attempt to appease New York City legislators. Airbnb has been in the news recently for fighting legal battles in its hometown of San Francisco, and New York is another major listings city for the company.
Since the 2,233 properties they removed are only about five percent of Airbnb’s total NYC listings, it’s unlikely that this has move will have any significant impact on the company’s presence in the city. The removed properties were part of multiple listings under the same host, which is part of the legality in question with Airbnb.
New York and San Francisco officials say the company is contributing to overcrowding. When tourists rent empty Airbnb apartments, those properties aren’t rented or sold. So taking housing off the market isn’t helping housing shortages.
Airbnb has voluntarily taken properties off their site in the past. Last November 1,500 properties in NYC were dashed for the same reasons. City officials are also concerned about Airbnb’s role in increasing home and rental prices, its threat to the hotel industry, and listings that could be considered illegal as unregulated hotels slip through the cracks.
Related:The Definitive Guide for Airbnb Newbies
While the company could be seen as limiting the housing market supply to some degree, many New Yorkers rely on renting out their home or apartment when it’s unoccupied as a source of income. According to Airbnb, the median annual earning for NYC based hosts is $5,474. As of June 2016 there were 41,373 listings in New York. While that’s only a sliver of the NYC population, it’s still over 40,000 people relying on the shared economy platform.
Airbnb’s goal in the removal of these listings is to appease NY Governor Andrew Cuomo who is currently deciding whether to sign legislation making multiple listings illegal in the state.
Walking the fine line of the peer-to-peer travel industry is no easy feat.
More from SmarterTravel:
The 10 Commandments of Being a Good Airbnb Host How Airbnb and Uber Are Changing Travel Will Airbnb Be the Death of Hostels
We hand-pick everything we recommend and select items through testing and reviews. Some products are sent to us free of charge with no incentive to offer a favorable review. We offer our unbiased opinions and do not accept compensation to review products. All items are in stock and prices are accurate at the time of publication. If you buy something through our links, we may earn a commission.
The website maxtravelz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
I was about to go kayaking on Long Island’s Nissequogue River eight years ago when I met a middle-aged couple gifted in the art of discovery. The two were eager to show me their marked-up and laminated map of New York state and walked me through their summer plans—which, as it turned out, involved journeying from one swimming hole to the next.
In March 1923, over 400 deep-pocket travelers arrived back in New York City after spending 130 days at sea onboard the world's first around-the-globe cruise.
The Federal Aviation Administration (FAA) will extend a waiver that allows airlines to cut back on service from New York City-area airports amid an ongoing air traffic control staffing shortage.
A staycation at The Ritz-Carlton Central Park conveniently sidesteps the hassles of crowded airports, canceled flights, and other irksome travel delays. And for those living in the tri-state area, a New York City staycation is one way to reduce their carbon footprint.
It’s easy to paint a certain picture of Martha’s Vineyard if you’ve never been. Ahead of my first visit last month, I imagined what’s synonymous with most well-known islands: unspoiled beaches, freshly caught seafood, an unhurried pace of life. But I also imagined locals who were insular, conservative, and flashy with their wealth.
When you choose a vacation destination, what’s your number one reason for going? Is it a cheap flight, the scenery, or the culture? Well, according to a new survey commissioned by Harry & David, most Americans plan their trips around food.
The 26-country no-border-control Schengen area is in danger of collapsing under the migration threat. Presumably, the new border controls will be for no more than two years. But for now, you have to figure on reverting to the bad old days of mind-numbing border hassles within the area.
I’ve never been to London, but I’ve experienced it many times. From sitting in on royal meetings in Buckingham Palace to passing through the walls of King’s Cross Station at Platform 9 ¾, London has come alive in my imagination through some of my favorite books and movies.
If you’ve never heard of Iceland-based booking website Dohop, you should check them out. The company has been nominated for two World Travel Awards—World’s Leading Flight Comparison Website and World’s Leading Travel Technology Partner—and recently launched an amazing tool called FLYR Fare Protection, in partnership with FLYR.
One year ago, Harvard Business School researchers released findings about the home-share rental platform Airbnb—and they weren’t good. The university created Airbnb user profiles under names that are common among African-Americans, and found they were 16 percent less likely to be accepted for a booking. Real Airbnb users of color said they weren’t surprised. Black users shared stories of repeated cancellations and failed booking attempts, using #AirbnbWhileBlack on social media.
When it comes to lie-flat luxury on planes, transatlantic long-haul airlines like Emirates, Qatar, and Virgin Atlantic dominate the market. But now JetBlue is upping its flatbed seat count on short-haul flights, raising the question: Could the airline be readying for its own transatlantic routes?