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Thursday, December 17, 2015

Even though I am getting paid by you to lease my property, i am greedy and want a cut of your business!


 A lot of people use Airbnb to find accommodations when traveling to the Islands.

A group of leading U.S. property owners, including AvalonBay Communities and Camden Property Trust, have met with lodging rental site Airbnb to discuss ways that they can get a cut of their renters' income

The tech company has faced obstacles to its growth, with residents putting their leases in jeopardy by renting out their places to Airbnb users as temporary accommodation – a form of illegal subletting. 

A future agreement between owners and tenants could mean renters no longer need to take a risk when letting their apartments on the site.

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