Rather than a collapse of the industry, the increasingly bifurcated state of the market — a bust for some, a boom for others — is a clear sign that we have hit a turning point in the long-running battle over short-term rentals.
Is Airbnb going bust? What investors and hosts need to know.
Airbnbs have long been seen as a haven for workers wanting a passive income stream and travelers looking for an alternative to pricey hotels. But whispers of an "Airbnbust" have spread among hosts facing booking slowdowns, stiff competition for guests, and tumbling earnings. All this, while short-term rentals have become the center of nationwide debates over how to regulate them.