Caroline Butler
20 August 2019

Is the sharing economy a lot of hot air? How the Airbnb effect is impacting long term renting, communities and tourism. Airbnb started in 2007 with Joe Gebbia and Brian Chesky blowing up air beds and renting out of their floor space, taking advantage of demand outstripping supply. The first two guests to enjoy ‘air bed and breakfast’ were conference attendees unable to get hotel accommodation in Denver. Since that first air bed was blown up, Airbnb has ballooned into a multibillion-dollar global phenomenon. It is cited as one of the companies that has helped shape the ‘sharing economy’, a…

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