By Bryan Boccelli
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Home-sharing platforms such as Airbnb have taken the hospitality industry by storm over the last decade, and show no signs of slowing down in terms of use and popularity. This note argues for a better integration of the home-sharing economy into the hospitality industry. An integration such as the one proposed would streamline regulations and taxes applied to short-term living situations such as those applied to the hotel industry. Conversely, there are some aspects of home-sharing that would be beneficial if applied to the hotel industry that would be mutually beneficial. By working to better integrate these two portions of the hospitality industry, the result could be a great benefit to not only the consumer, but to hotel owners, home-sharing patrons, and state economies.… Read the rest