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The Pros And Cons Of Having A Business Like Airbnb

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The Pros And Cons Of Having A Business Like Airbnb
The pros and cons of having a business like Airbnb change viewpoint to whomever is affected. The government sees the positive when they are able to receive the hotel taxes from the hosts, but on the other side if a city does not receive this, they do not profit from it. There are also little to no regulations made on how to handle the Airbnb listings, to consider if the listings are even legal with a city’s zoning codes. The business perspective also changes; if a business is not in the hotel business it can profit from the increase in tourism. Through the societal impacts, this can be a positive as they are able to benefit from the incoming tax revenue but also have a detrimental effect on the community.
The positives of Airbnb for businesses
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Moreover, the government has not made regulations as to multiple housing crisis that displace residents who once had homes into the streets.
The problems that arise through Airbnb for other business is through the hotel business. For travelers who are not looking to spend a lot in staying at a place, Airbnb might be a solution for them as they do not have to pay exorbitant fees like in hotels. The convenience of the price might overrule the other assets that hotels offer, giving more business to the hosts. A smaller hotel is greatly impacted if they do not conform to the wants and needs of the customer, but as an Airbnb host does not require much to please the guest, they are able to cut down costs. Society, on the other hand, has conflicting views of the use of Airbnb. While it allows people from another city or country to experience the locals’ city it brings joy and contempt to locals. Some residents can experience disdain for the guests if they do not adhere to the local laws. There are many instances in which hosts do not state community rules and causes strain in the community. If a host does not specify these rules, such as what time to check in by, where to park, or the noise level (Morris, 2015), then the neighbors to these hosts are often left annoyed

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