South China Morning Post – Illegal, unlicensed and completely unregulated … so why is Airbnb booming in Hong Kong?

August 8, 2016
Cushions with cartoon dogs on, neatly rolled towels and fresh flowers are the small details that mean the most for Airbnb guests and hosts. For one host in Hong Kong, those personal touches are replicated across 52 listings, including at least 31 flats in one building near Lan Kwai Fong. Taking up three quarters of the flats in one building on Glenealy, the Airbnb apartments share a common rooftop and range in price from around HK$500 per night to more than HK$2,200 for a four-bedroom flat. The flats, which do not appear on the Home Affairs Department’s list of licensed guest houses, are among a growing number of short-term rental properties being rented illegally in Hong Kong….
Source: http://www.scmp.com/tech/e-commerce/article/2000977/illegal-unlicensed-and-completely-unregulated-so-why-airbnb-booming