Preface
With the rise in advancement of lodging technology and increasing market of lodging accommodations, it is becoming essential for accommodations to find a viable alternative to suit the changing trends of guest preference and create ‘the personal touch’ to meet guests’ satisfactions; one such example is Airbnb.
Airbnb is a rising accommodation that many travellers in the world is looking out for when they are on leisure travel. Airbnb connects people to unique travel experiences, at any price point, in more than 34, 000 cities and 190 countries. (About Us, 2015) In addition, it provides comfortable service while expending their community of users worldwide, with hopes that they can help people to fully utilise their additional spaces
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On the controversy, there is no fool proof regulation that is set to totally eliminate the negativity of the services of short term housing lease, such as Airbnb.
With San Mateo consideration of mandating Airbnb, a few citizens voiced their opinions, that if their country were to implement San Francisco way of regulation, there will be causes of profit lost and people will not be sustainable on the Airbnb website.
Some hotels argues that there are extended negativity short term-rental have on the hospitality industry, such as the evolution of technology, which in turn will lead to hotel’s brand equity to deteriorate. Others argue that the human touch: high standard of service and concierge provided by the hotel are still amenities that many guests are going for and the advance of technology will not have that huge an
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But with extreme wealth comes extreme responsibility. And the responsibility for me is to invest in creating new businesses, create jobs, employ people, and to put money aside to tackle issues where we can make a difference.” (Issues Quotes, 2015) Therefore, the issues that are going to be covered today will be the legal issues Airbnb encounters, safety and security issues for Airbnb host, impact of the surge in housing prices and rental rates, lastly, fierce competition within the lodging properties.
Legal Issues Airbnb Encounters
It is important for businesses to abide to policies and laws that are set up by the country. Any violation of such will result in dire consequences. Hence, in the case of Airbnb, there are rising issues that are emerging worldwide and most of it occurs due to inappropriate conduct, such as violation of country’s laws and