Daily Management Review

Airbnb Introduces Trips, While The Fight Against Present Rental Law Continues


Leaving behind most hotel companies, Airbnb now attempts to turn into a travel company.

Airbnb’s attempt to convert the “booking service” facility into a “travel company” has resulted in the launch of a “new programme”, named Trips, whereby marking the biggest growth venture made by the company within its eight years’ journey when it began as a “peer-to-peer property rental service”.
The C.E.O of Airbnb, Brian Chesky, presented the programme before the crowd at the “three day event in Los Angeles”. He also announced that Trips will give an opportunity to the travellers for creating “itineraries for hours or days” leading in to provide a “more authentic local experience”. In Chesky’s words:
“If you want to travel, you basically end up on a research project. We want to fix this”.
However, BBC’s example for Trips was of a “guided tour from a prison warden who was tasked with keeping watch over Nelson Mandela at his prison cell”. “US- Detroit, Los Angeles, Miami and San Francisco”, along with “Cape Town, Florence, Havana, London, Nairobi, Paris, Seoul and Tokyo” will now be able to avail an upgraded version of Airbnb app that incorporates Trips’ service.
Moreover, within the coming fifty years’ time, the number of cities availing Trips service will only increase. It is said that the said venture could possibly allow the company to “justify its $30bn valuation” which leaves behind most of the “hotel companies”. As per Reuters’ report:
“The service comes as the company faces regulatory restrictions around the world with cities like Amsterdam, berlin and New York working to limit the short term rentals due to its negative effect on the supply of housing in tight rental markets”.
Andrew Cuomo, New York’s Governor, has “signed a law” whereby introducing “new regulations on online home rental companies”, the likes of Airbnb. Reports have it that, Airbnb is “trying to fight” the current law which does not allow the “apartment owners” in New York to rent out their flats for period shorter than a month when the owner is not in the town.

Science & Technology

Facebook may start production of its own microprocessors

Long-Term Alcohol Monitoring Could Be Possible With A New Injectable Chip Developed By U.S. Researchers

Sweden Now Has The First Electrified Road In The World

Over 270,000 Account Globally Banned From Twitter For Promotion Of Terrorism

Device Capable Of Hearing The Inner Voice Developed By Researchers

New mobile technologies will warn about natural disasters

The brewing industry welcomes blockchain

Asset-Sharing App Of Ryder Is Meant For Commercial Vehicles

Credit Suisse: China will become the leader in AI sphere

Five new technologies that will change the world

World Politics

World & Politics

Debates over Google are heating as a new EU directive is about to be introduced

Will Merkel accept Macron's plans for Europe?

USA and China are pushing North Korea to denuclearization

Germany's dilemma: Will the atomic energy win?

A Forceful Response To Syria Attack Will Be Given By U.S.: Trump

Is Trump’s Maximum Pressure Tactic On North Korea Succeeding Because Of China?

Why are Turkey-EU relations moving back?

Record-Breaking $39 Million raised for Rare Cancer Research in 2018 by Cycle for Survival