Airbnb is making a renewed push to increase room supply after the average price per night soared by more than 40% above pre-pandemic levels.
Chief executive Brian Chesky said he was “not satisfied” with the inflated cost of using the short-term accommodation site.
He has laid out measures to address the problem, including a move to pay existing hosts to help new ones get set up on the platform, as well as longer-term plans to reduce cleaning fees.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
