How Airbnb and Short&Term Rentals Reshape Rural and Urban Communities & By Dr. Cindy Heo

In less than two decades, short&term rentals have thoroughly transformed the hospitality industry, wresting 15% market share from hotels. From a feel&good pioneer of the sharing economy to a $100bn behemoth, Airbed and Breakfast, better known as Airbnb, has revolutionized hospitality from its beginnings in 2007 & creating a whole new market in the process. But what happens to a community when Airbnb comes to town? In this article we take a deep dive into the impact of STRs, in partic