Airbnb got some very bad news today, in the form of a new report from the State Attorney General's office. The report is intended as an impartial survey, a way of determining the scale of illegal rentals taking place on Airbnb's network. According to the report, there's quite a lot: the attorney general discovered more than 100 renters who were controlling ten apartments or more — a clear sign of an underground hotel network — and found that high-volume users made up a full 36 percent of the company's revenue in New York, despite only making up six percent of users.
via The Verge - All Posts http://ift.tt/1F4Qlg1
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