Phoenix Report Reveals 85% of Airbnb Operators Listed Properties for Rent More than 30 Days, Bringing in $41 Million in Profits | hotel-online.com
Today the American Hotel & Lodging Association (AH&LA) released Phase II of a study conducted by the Pennsylvania State University School of Hospitality Management that provides a detailed analysis of the commercial activity taking place in Phoenix on Airbnb, one of the most trafficked short-term rental websites.
The study builds on the national survey released earlier this year that shows a troubling trend: a growing number of commercial operators are using Airbnb to run illicit and illegal hotels that compromise consumer safety and the security of neighborhoods.