Airbnb Addresses Housing Concerns and Improves Rental Experience
Airbnb CEO Brian Chesky denies that the platform creates housing shortages in cities like New York but acknowledges the possibility of unintended consequences resulting from the company's popularity. Airbnb is adjusting to new regulations in New York City that effectively ban most stays under 30 days. Chesky points out that while New York's loss may benefit neighboring towns, people still want to visit the city and may choose to travel to other cities instead. Chesky also announced new features for Airbnb customers and hosts, including "Guest Favorites" and an AI-powered photo tour.