Read more on this subject: Travel
News Story Source: https://www.nytimes.com
SAN FRANCISCO — Last year, Airbnb underwent a rough regulatory patch.
The short-term rental company became a Federal Trade Commission target last summer after three senators asked for an investigation into how companies like Airbnb affect soaring housing costs. In October, Gov. Andrew M. Cuomo of New York signed a bill imposing steep fines on Airbnb hosts who break local housing rules.
The two actions appeared unrelated. But one group quietly took credit for both: the hotel industry.
In a presentation in November, the American Hotel and Lodging Association, a trade group that counts Marriott International, Hilton Worldwide and Hyatt Hotels as members, said the federal investigation and the New York bill were "notable accomplishments."
Both were partly the result of a previously unreported plan that the hotel association started in early 2016 to thwart Airbnb. The plan was laid out in two separate documents that the organization presented to its board in Nove
Read More or Make a Comment