3 Dec 2020 19:51
My first reaction was they've missed the boat by 2 years. A lot of towns and cities will have hotel businesses that will put even more pressure to regulate what actually counts as air bnb. It started out as rent a couch and has turned into whole blocks of flats and grand houses being let out as air bnb. Its been great have let a house out as air bnb myself , booked holidays in wonderful places. It works really well for guests and hosts. trouble is its too good to be true and I think there will be serious industry pressure (purple palace and others) after this Pandemic to 'guide' us back to the establishment regime . So I'm not going to invest. Wouldn't be surprised if it got pulled, on the other hand there will be pent up demand. A lot depends on regulators who have already acted in some countries.