Even Brian Chesky recently said that Airbnb is kind of broken... In general, the biggest difficulty with vacation rentals or short-term rentals in general is just a lack of consistency, a lack of reliability. You just never know what you're gonna get. Hotel brands solved this problem many years ago.
The startup is also emerging from stealth today with a new exchange platform that gives vacation rental owners a way to contribute their homes into a multi-property fund through a 721 exchange.
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