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Bonnie Rough said she’s had an unusually low number of guests from abroad this year
With U.S. travelers watching their wallets and international tourists anxious about being detained at American airports, the travel industry is suffering a double whammy.
Charlotte Kreutz listed a private room in her home on Airbnb. Almost immediately, she started getting bookings.
The move is part of the company’s push to expand internationally. Critics says add-on fees hurt their budget.
Will housing prices go down with fewer short-term renters around?
It’s unclear whether reducing the number of short-term rentals will free up housing for city residents.
The explosion of short-term rentals has exacerbated the city’s housing crisis.
Loyal users of the companies say they didn’t try hard enough to acquire users in addition to making basic missteps.
Lori and Bruce Howard recently cashed in on tourist lodging they built together near Yosemite National Park.
“I do think we’re popularizing or accelerating a trend,” Chesky said of Airbnb’s decision to make its workforce fully remote.