On the eve of a major address before a gathering of U.S. mayors, Airbnb released a report designed to showcase what it says is the company’s delivery last year of $14 billion in economic output to cities around the country.
As the home sharing giant continues to navigate sometimes testy relationships with cities that are increasingly regulating short-term rentals, Airbnb is hoping to reinforce its position that it is bettering the lives of its part-time hosts and bolstering the economies of local jurisdictions.
“We’re using technology to connect people and empower people,” Airbnb global policy chief Chris Lehane said Friday during a conference call with journalists, the day before he is scheduled to speak before the U.S. Conference of Mayors in Miami. “Our hosts make 97 percent of the money they list their homes for. They are overwhelmingly middle-class people.
“I’m not suggesting that Airbnb is the solution to economic inequality but it’s part of a broader solution. And we’re doing all […]