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The Latest Breaking News from Airbnb

Airbnb CEO eliminated ‘fiefdoms’ and got more involved to survive the pandemic—and it’s proven to be a better strategy anyway

The lesson, says Brian Chesky, is founders should resist the urge to “divisionalize” their companies as they grow.

Fortune

Victoria could introduce 7.5% levy on Airbnb prices

Fee for consumers using short-term accommodation across the state could raise $42m for government

The Guardian - AU

The major holiday hotspots cracking down on overtourism

From tourist taxes to caps, here are the holiday hotspots taking measures to bring down escalating visitor numbers

The Independent UK

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An Airbnb, Vrbo or other rental host ghosted you. Now what?

Sometimes hosts offering to rent their vacation home, RV or car through peer-to-peer sharing sites don’t show up at the time they promised to exchange keys

The Independent UK

Workers living in cars the new normal in Queenstown

There’s a housing crisis in Queenstown, yet 27 percent of the stock is sitting empty most of the year. Political editor Jo Moir visited the tourism hotspot to investigate what’s going on.

Newsroom.co.nz

Gerry Hassan: We are all being diminished by the trashing of public debate

THE weaponisation of public debate and language used in politics continues unabated.

The National (Scotland)

Short-Term Rentals Cause a Long-Term Mess

Giant rental platforms are creating drama in the streets—and putting money in the coffers of Texas cities.

Texas Observer

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What's the Libertarian Answer to New York's Migrant Crisis?

Plus: A listener asks the editors to name America's unsung or undersung heroes.

Reason

The Airbnb IPO was a huge success, but its CEO says it was “one of the saddest periods” of his life

"You’re connected to your roots, and your roots are the relationships in your past,” Barack Obama advised Chesky.

Fortune

Why these Canberrans think short-stay rentals are good for the economy

'We're actually increasing the supply of accommodation.'

The Canberra Times

Did NYC Just Kneecap Airbnb?

"The city is treating our private property as the city's housing stock."

Reason

Airbnb (ABNB): Is This Travel Stock a Buy in September 2023?

While Airbnb (ABNB) is garnering investors’ attention as it is set to join the S&P 500, New York City’s crackdown on Airbnb is creating near-term uncertainties for the company. So, is ABNB worth buying now? Keep reading.

StockNews.com

Apple shares fall amid reports of iPhone ban by Chinese government

Apple's market value has tumbled by some $200 billion in the wake of reports that Beijing has banned iPhones among government employees. We take a closer look. Also, Chinese car manufacturers make inroads into the European market, and New York City cracks down on Airbnb.

France 24

Enforcement notice issued to Glasgow flat used as Airbnb after complaints

An Airbnb host has been ordered to stop letting a Townhead flat after alleged “anti-social behaviour” sparked complaints from neighbours.

The National (Scotland)

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The Conversation

AI-narrated audiobooks are here – and they raise some serious ethical questions

Meet Madison and Jackson, the AI narrators or “digital voices” soon to be reading some of the audiobooks on Apple Books. They sound nothing like Siri or Alexa or the voice telling you about the unexpected item in the bagging area of your supermarket checkout. They sound warm, natural, animated.…

Fortune

NYC just all but banned Airbnb and Vrbo in a new law requiring mass registration

Thousands of listings could disappear soon.

Reason

With 22-Year Sentence, Ex-Proud Boys Leader Enrique Tarrio Pays Hefty 'Trial Penalty'

Plus: New York City's crackdown on short-term rentals, Brazil's UFO investigations, and more...

The Guardian - UK

First Thing: US secretary of state arrives in Kyiv for surprise visit

Antony Blinken expected to meet Volodymyr Zelenskiy and announce an initial assistance package of up to $200m

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news in one place.

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The Guardian - US

New York City’s crackdown on Airbnb and short-term rentals goes into effect

New regulations expected to affect tens of thousands of illegal short-term listings

The Independent UK

NYC Airbnb crackdown: Reservations dry up in New York after short-stay rental rules come into effect

New regulations on short-term rentals have gone into effect in New York City

The Independent UK

Airbnb limits some new reservations in New York City as short-term rental regulations go into effect

New regulations on short-term rentals have gone into effect in New York City

Barchart

Broad Market Sags on Global Economic Concerns and Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.11%. Stocks on Tuesday settled mixed. The broader market was...

Barchart

Stocks Mixed as Weak China and European Economic News Sparks Risk-Off Sentiment

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.08%. Stock indexes this morning are mixed. The broader market...

The Conversation

As NZ struggles to resolve its long-running housing crisis, investors should be taxed for keeping homes empty

The property market is New Zealand’s largest industry, adding NZ$41.2 billion a year to gross domestic product. But there is a debate over how we tax houses – particularly those sitting empty despite the ongoing housing crisis.

The Guardian - AU

Morning Mail: Attempt to call off Nauru bribery case; Byron Airbnb cap delay; death at flooded Burning Man

Authorities accused of mishandling Nauru bribery investigation; NSW officials mull over proposed cap on Airbnbs in Byron

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