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by nostromo 5505 days ago
I'm curious how well Airbnb is doing outside of New York. New York's real-estate market is so out of whack it strikes me as fertile ground for p2p hotel rooms.

One example: I wonder how many people are renting out rent-controlled apartments on Airbnb at a huge profit, while the owner maintains the unit at a loss?

1 comments

If I caught the details correctly, they state that they do as many rooms in the NYC region as the largest NYC hotel, which puts them at 2k+ rooms/night in NYC.

Then I believe they claim about 5k rooms/night total, which means that >40% of their global business is NYC.