sharing economy

Airbnb’s Olympics Push Could Help it Win Over Paris

Airbnb’s Olympics Push Could Help it Win Over Paris

Short-term rentals can function as a quick release valve for a city expecting an influx of visitors, increasing capacity for a short time nearly instantly. In fact, despite the usual hype around the Olympic Games, there are still many places to stay in Paris this summer.A search on Airbnb for a two-person stay during the first weekend of the games returned more than 1,000 results, with many charging less than $200 a night. A search for hotel rooms on Expedia only turned up about 20 hotels offering similarly low rates. Hotel prices for the dates of the Olympics have actually…
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