Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City
The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday
Traveler bookings rose 12.5%, to $1.8B, in the third quarter compared to the same period a year earlier, according to an earnings call by parent company Expedia Group on Thursday