August 24, 2016
According to their data, Atlanta has 1,300 Airbnb listings during the year. Of those, 8.9 percent are “commercial” units rented for more than 180 days per year. New York uses this definition, which is considered conservative. The average across cities surveyed is 9.7 percent. The data becomes more worrying when it’s broken down by revenue. Airbnb hosts make a third (31.3 percent) of their $12 million revenue from the 8.9 percent of listings that are commercial properties. This ties the profits of Airbnb to commercial operators who rent year round and could take housing units off the market….