Airbnb has launched a Super PAC named "Keeping New York Affordable" with a $5 million budget to support candidates who favor short-term rentals in New York.
Airbnb's political efforts are a direct response to a 2023 law that severely limited home-sharing in New York, fundamentally changing the short-term rental landscape.
The new bill, introduced by Councilmember Farah Louis, aims to restore short-term rental rights to homeowners, representing Airbnb’s strategic move to regain influence in the city.
In opposition, the Hotel Trades Council is actively campaigning against this bill, emphasizing the competitive threat that short-term rentals pose to the hotel industry.
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