New Report Reveals Airbnb Revenue in Los Angeles Driven by 'Illegal Hotels'
Los Angeles Report Reveals 30% of Airbnb's LA Revenue Comes from Only 4% of Hosts; Growing Number of Commercial Landlords Running Unregulated 'Illegal Hotels'
Report shows nearly 30 percent of Airbnb revenue in 12 major U.S. markets comes from hosts operating as 'full-time' landlords - Number of hosts renting out multiple properties on Airbnb also rapidly growing; driving an increasingly large share of revenue
The report highlights the success stories of the hotel industrys employees, who experience significant opportunities for upward mobility and promotions. Throughout the hotel industry, general managers, senior executives and even many CEOs begin their employment in hourly, entry-level hotel jobs.