Airbnb’s New York City Ban: What It Means for Investors
The new restrictions signal one of the biggest crackdowns yet on the travel platform.Not much can slow down Airbnb (ABNB 2.28%) these days, it seems. Months of rumors of an “Airbnbust” failed to sap the vacation giant’s growth, nor have sustained weakness in consumer spending, concerns about inflation, or the possibility of a recession. Now,…
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