Knowledge Center

Tuesday, December 08, 2015

"Relatively new to the block but already a household name, Airbnb has emerged as a giant in the global sharing economy. Airbnb rose to fame through its online, short-term rental platform. Hosts can ren out their properties, or portions of their properties, to guests who are looking for short-term lodging. Airbnb collects service fees from both hosts and guests. The impact of Airbnb on local economies is substantial."

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