Airbnb expands into hotels, cars, groceries - BNN Bloomberg
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Article Excerpt
Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.
The rollout marks the latest step in Airbnb’s push to capture more of the travel spending that currently flows to competitors like Booking.com and Expedia.
This evolution -- 18 years after the company’s scrappy beginnings in San Francisco -- is one of Airbnb’s answers to increasingly tough restrictions on short-term rentals in key markets.
In December, Spain hit the company…
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