home sharing market
Larry Mogelonsky | March 13, 2019
By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) This is a special case that I've been waiting to write about since it hit the airwaves here in Canada in late October. Most interesting here is that it has a few powerful implications for the fight traditional hotels are facing against industry disruptors coming in the form of home sharing. Taxi drivers working in the City of Toronto launched a $1.7 billion CDN (about $1.4 USD) class action lawsuit against the city itself, claiming damages that reflect how much licensed taxis have lost – what is sometimes coined as 'plate value' – since these ride-sharing services came i...
the American Hotel & Lodging Association | July 19, 2018
New York, NY (July 19, 2018) - The American Hotel & Lodging Association (AHLA) president and CEO Katherine Lugar today issued the following statement in response to new short-term rental legislation passed unanimously by the New York City Council to bring strong platform accountability to the home sharing market: "Today the New York City Council passed an industry-setting measure to force greater transparency and responsibility for short-term rentals while helping to protect the fabric of New York neighborhoods and preserve residents' access to affordable housing. Municipalities large and small are following the leadership demonstra...
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