Today's Hotelier - October 2016 - 33

Later they brought in Nathan Blecharczk, a Harvard-trained computer scientist, now chief technology officer, and officially launched a company in 2008. They reputedly funded it with credit cards. There was already a model to emulate: the vacation home rental that thousands of Americans have employed to be able to afford a second home. They realized they could apply the same model to popular and expensive destinations like San Francisco and eventually cities everywhere. Of course, the expanded model meant impacting not just hotel owners - who may or may not be a sympathetic victim to city councils and state legislatures - but also neighborhoods, condominium owners, renters and tax coffers. The result, according to Forbes' 2016 list of the richest people on the planet: Blecharczk, 33, Chesky and Gebbia, both 34, are tied for No. 495 at $3.3 billion. THE AIRBNB PUBLIC STRATEGY TO BRING LAWMAKERS AND CITIES ON ITS SIDE Tax dodging is the most obvious and the most complained about by the hotel industry - and the one that Airbnb is most happy to address. The company has made a nationwide tour of cities trying to work out legislation in which they collect the hotel tax for the city coffers - offering it as a carrot to politicians often most hungry for revenue - while shrouding the even deeper issues that go along with short-term rentals in society: zoning, parking, safety and affordable housing. Airbnb sent Chris Lehane, its global head of public policy, to the U.S. Conference of Mayors in January with a simple message: the 50 biggest cities in the nation could have collectively garnered an estimated $200 million in taxes if it worked with Airbnb to collect the taxes for them on behalf of the vendors. It is working to some extent - allowing Airbnb some public relations coups. In July, Los Angeles worked out at least a shortterm agreement in which Airbnb agreed to collect and remit hotel taxes to the city, which Airbnb estimates would have been $23 million in 2015 if the agreement had been in place then. The city of Los Angeles had been trying to track down individual hosts to make sure they paid the hotel taxes in an effort to ensure a level playing field, a tactic which it had met with only very limited success. Airbnb says it has struck similar hotel, occupancy and tourist tax payment deals with 190 cities, states and other tax jurisdictions around the world but primarily in the United States from Newark, New Jersey, to San Francisco. It recently released a report that says it has paid out $85 million in hotel taxes. The jurisdictions the report listed were: * State of Alabama * Chamonix-Mont-Blanc, France * Chicago, Cook County and State of Illinois * Cuyahoga County, Ohio * District of Columbia SAN FRAN BY THE NUMBERS* According to InsideAirbnb.com, here's a data review on how Airbnb is being used in and affecting San Francisco neighborhoods. TOTAL SAN FRANCISCO AIRBNB LISTINGS 8,619 ROOM TYPE 57.6% entire homes/apartments $253 average price/night 4,965 (57.6%) are entire home/apartments 3,178 (36.9%) private rooms 476 (5.5%) shared rooms ACTIVITY 116 estimated nights/year 1.3 reviews/listing/month 169,737 reviews 31.9% estimated occupancy $1,744 estimated monthly income *As of August 9, 2016. TODAYSHOTELIER.COM | OCTOBER 2016 | 33 http://www.InsideAirbnb.com http://www.TODAYSHOTELIER.COM

Table of Contents for the Digital Edition of Today's Hotelier - October 2016

Letter From the Chairman
Letter From the President & CEO
News Bytes
AAHOA Spotlight
Best Western’s New Frontier
Government Affairs
The Uneven Playing Field: Hotels & Airbnb
Finding Opportunity in the Old
Development & Renovation
Living Legends: Wisdom From Industry Trailblazers
Finance Q&A
The Latest Tech Tools for Hospitality
Guest Experience
AAHOA Events
AAHOA Founding Members
AAHOA Vendor Partners
Classifieds
Advertiser Index
Today's Hotelier - October 2016 - cover1
Today's Hotelier - October 2016 - cover2
Today's Hotelier - October 2016 - 3
Today's Hotelier - October 2016 - 4
Today's Hotelier - October 2016 - 5
Today's Hotelier - October 2016 - 6
Today's Hotelier - October 2016 - 7
Today's Hotelier - October 2016 - Letter From the Chairman
Today's Hotelier - October 2016 - 9
Today's Hotelier - October 2016 - Letter From the President & CEO
Today's Hotelier - October 2016 - 11
Today's Hotelier - October 2016 - News Bytes
Today's Hotelier - October 2016 - 13
Today's Hotelier - October 2016 - AAHOA Spotlight
Today's Hotelier - October 2016 - 15
Today's Hotelier - October 2016 - 16
Today's Hotelier - October 2016 - 17
Today's Hotelier - October 2016 - Best Western’s New Frontier
Today's Hotelier - October 2016 - 19
Today's Hotelier - October 2016 - 20
Today's Hotelier - October 2016 - 21
Today's Hotelier - October 2016 - 22
Today's Hotelier - October 2016 - 23
Today's Hotelier - October 2016 - Government Affairs
Today's Hotelier - October 2016 - 25
Today's Hotelier - October 2016 - 26
Today's Hotelier - October 2016 - 27
Today's Hotelier - October 2016 - 28
Today's Hotelier - October 2016 - 29
Today's Hotelier - October 2016 - The Uneven Playing Field: Hotels & Airbnb
Today's Hotelier - October 2016 - 31
Today's Hotelier - October 2016 - 32
Today's Hotelier - October 2016 - 33
Today's Hotelier - October 2016 - 34
Today's Hotelier - October 2016 - 35
Today's Hotelier - October 2016 - Development & Renovation
Today's Hotelier - October 2016 - 37
Today's Hotelier - October 2016 - 38
Today's Hotelier - October 2016 - 39
Today's Hotelier - October 2016 - 40
Today's Hotelier - October 2016 - 41
Today's Hotelier - October 2016 - Living Legends: Wisdom From Industry Trailblazers
Today's Hotelier - October 2016 - 43
Today's Hotelier - October 2016 - 44
Today's Hotelier - October 2016 - 45
Today's Hotelier - October 2016 - 46
Today's Hotelier - October 2016 - 47
Today's Hotelier - October 2016 - 48
Today's Hotelier - October 2016 - 49
Today's Hotelier - October 2016 - Finance Q&A
Today's Hotelier - October 2016 - 51
Today's Hotelier - October 2016 - 52
Today's Hotelier - October 2016 - 53
Today's Hotelier - October 2016 - The Latest Tech Tools for Hospitality
Today's Hotelier - October 2016 - 55
Today's Hotelier - October 2016 - 56
Today's Hotelier - October 2016 - 57
Today's Hotelier - October 2016 - Guest Experience
Today's Hotelier - October 2016 - 59
Today's Hotelier - October 2016 - 60
Today's Hotelier - October 2016 - 61
Today's Hotelier - October 2016 - AAHOA Events
Today's Hotelier - October 2016 - 63
Today's Hotelier - October 2016 - AAHOA Founding Members
Today's Hotelier - October 2016 - 65
Today's Hotelier - October 2016 - AAHOA Vendor Partners
Today's Hotelier - October 2016 - 67
Today's Hotelier - October 2016 - 68
Today's Hotelier - October 2016 - 69
Today's Hotelier - October 2016 - 70
Today's Hotelier - October 2016 - 71
Today's Hotelier - October 2016 - 72
Today's Hotelier - October 2016 - 73
Today's Hotelier - October 2016 - 74
Today's Hotelier - October 2016 - 75
Today's Hotelier - October 2016 - 76
Today's Hotelier - October 2016 - Classifieds
Today's Hotelier - October 2016 - 78
Today's Hotelier - October 2016 - 79
Today's Hotelier - October 2016 - 80
Today's Hotelier - October 2016 - 81
Today's Hotelier - October 2016 - 82
Today's Hotelier - October 2016 - 83
Today's Hotelier - October 2016 - 84
Today's Hotelier - October 2016 - 85
Today's Hotelier - October 2016 - Advertiser Index
Today's Hotelier - October 2016 - cover3
Today's Hotelier - October 2016 - cover4
Today's Hotelier - October 2016 - outsert1
Today's Hotelier - October 2016 - outsert2
Today's Hotelier - October 2016 - 91
Today's Hotelier - October 2016 - 92
https://www.nxtbook.com/naylor/AAHOM/AAHOM0518
https://www.nxtbook.com/naylor/AAHOM/AAHOM0418
https://www.nxtbook.com/naylor/AAHOM/AAHOM0318
https://www.nxtbook.com/naylor/AAHOM/AAHOM0218
https://www.nxtbook.com/naylor/AAHOM/AAHOM0118
https://www.nxtbook.com/naylor/AAHOM/AAHOM1217
https://www.nxtbook.com/naylor/AAHOM/AAHOM1117
https://www.nxtbook.com/naylor/AAHOM/AAHOM1017
https://www.nxtbook.com/naylor/AAHOM/AAHOM0917
https://www.nxtbook.com/naylor/AAHOM/AAHOM0817
https://www.nxtbook.com/naylor/AAHOM/AAHOM0717
https://www.nxtbook.com/naylor/AAHOM/AAHOM0617
https://www.nxtbook.com/naylor/AAHOM/AAHOM0517
https://www.nxtbook.com/naylor/AAHOM/AAHOM0417
https://www.nxtbook.com/naylor/AAHOM/AAHOM0317
https://www.nxtbook.com/naylor/AAHOM/AAHOM0217
https://www.nxtbook.com/naylor/AAHOM/AAHOM0117
https://www.nxtbook.com/naylor/AAHOM/AAHOM1216
https://www.nxtbook.com/naylor/AAHOM/AAHOM1116
https://www.nxtbook.com/naylor/AAHOM/AAHOM1016
https://www.nxtbook.com/naylor/AAHOM/AAHOM0916
https://www.nxtbook.com/naylor/AAHOM/AAHOM0816
https://www.nxtbook.com/naylor/AAHOM/AAHOM0716
https://www.nxtbook.com/naylor/AAHOM/AAHOM0616
https://www.nxtbook.com/naylor/AAHOM/AAHOM0516
https://www.nxtbook.com/naylor/AAHOM/AAHOM0416
https://www.nxtbookmedia.com