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☆ These stocks are the most hated on the Street, but their fundamentals are improving
▼ + stars: | 2024-05-31 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Some stocks on Wall Street are absolutely hated by analysts and investors, but their fundamentals are improving, leaving a potential buying opportunity for contrarian investors, according to UBS. Most analysts currently covering the stock have assigned it a hold rating, with predicted upside of about 16% to consensus price targets. "The iconic automaker continues to enjoy strong profits from its core markets and a policy driven investment cycle in the U.S," the analyst wrote. Most analysts have assigned Airbnb stock a hold rating. The analyst consensus has shares at a hold rating, with predictions suggesting the stock could rise an average of 26% from its Thursday close.

Persons: Jonathan Golub, Bernstein, Daniel Roeska's, Wedbush, Scott Devitt, Ben Chaiken, Jan, Chaiken, Clorox, Estee Lauder, — CNBC's Michael Bloom Organizations: UBS, Stocks, Wall, Ford Motor, Ford, Cruise, Mizuho, Pfizer, Gartner, Northern Trust

☆ Stocks making the biggest moves midday: GameStop, U.S. Cellular, Nvidia, Norwegian Cruise Line and more
▼ + stars: | 2024-05-28 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Check out the companies making the biggest moves midday: GameStop — Shares jumped nearly 23% following the video game retailer's announcement on Friday that it made about $933 million from a stock sale. U.S. Cellular — Shares added 7% after the telecom company announced T-Mobile will acquire its wireless operations and 30% of spectrum assets for $4.4 billion. T-Mobile was up less than 1%, while Telephone and Data Systems , which owns 84% of U.S. Cellular, slipped 2%. Norwegian Cruise Line — The cruise stock rose 3% after an upgrade to buy from neutral at Mizuho. Zscaler — The cybersecurity company shed nearly 4% following a downgrade at Wells Fargo to equal weight from overweight.

Persons: Agios, vorasidenib, —, Duolingo Max, Semler, Elon, Zscaler, Airbnb, Eli Lilly, Macheel, Pia Singh, Hakyung Kim, Jesse Pound Organizations: GameStop, . Illinois, U.S, Cellular, Mobile, Telephone, Data Systems, U.S . Cellular, . Food, Drug, Pharmaceuticals, Royalty Pharma, Nvidia, Cruise, Mizuho, Sarepta Therapeutics, RBC Capital Markets, RBC, Sea, Reuters, —, Energy Capital Partners, Wedbush, FDA Locations: U.S, Norwegian, Wells

☆ Here are Tuesday's biggest analyst calls: Nvidia, Meta, Dell, Amazon, Apple, CrowdStrike, Netflix, Airbnb & more
▼ + stars: | 2024-05-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS upgrades Globant to buy from neutral UBS said it sees "demand stabilization" for the IT and software development company. Wedbush upgrades Airbnb to outperform from neutral Wedbush said investors should buy the dip in shares of Airbnb. Morgan Stanley reiterates CrowdStrike as a top pick Morgan Stanley raised its price target on the stock to $422 per share from $372. Morgan Stanley reiterates Microsoft and Meta as overweight Morgan Stanley said in its analysis of large-cap institutional ownership that Microsoft is most under-owned and Meta the most over-owned. " Morgan Stanley reiterates Amazon as overweight Morgan Stanley said the e-commerce giant has a "widening" competitive advantage. "

Persons: Melius, Truist, Mizuho, Hannifin, it's, Futu, Steve Steinour, Zach Wasserman, Huntington, NCLH, Wells, Morgan Stanley, CrowdStrike, Dell, John Donovan, JMP, Guggenheim Organizations: Nvidia, Parker, Mizuho, Argus, UBS, JPMorgan, NASDAQ, 38ppt, " Bank of America, Bank of America, RBC, Netflix, &, Deutsche Bank, Deutsche, Citi, DuPont, Department of Justice, TAM, Guggenheim, Microsoft, Meta, Apple Locations: Asia, Airbnb, ZS, China

☆ Tuesday's rapid-fire: T-Mobile, Viking, Airbnb, Huntington, Texas Instruments
▼ + stars: | 2024-05-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTuesday's rapid-fire: T-Mobile, Viking, Airbnb, Huntington, Texas InstrumentsJim Cramer looks at stocks in the news outside the CNBC Investing Club porfolio.

Persons: Jim Cramer Organizations: CNBC Locations: Airbnb, Huntington , Texas

☆ 'Home Alone' house in Chicago suburbs hits the market
▼ + stars: | 2024-05-28 | by ( Rebecca Cohen | ) www.cnbc.com time to read: +1 min

"Home Alone" house, located at 671 Lincoln Avenue in Winnetka, Illinois is seen on December 1, 2021. Airbnb is offering a one-night-only rental of the iconic "Home Alone" house in Winnetka, Illinois. The famed home in the Chicago suburbs where Kevin McCallister was once left behind from a family trip to Paris went on sale this week, according to a Zillow listing for 671 Lincoln Ave. in Winnetka. It's on sale for the first time since 2012, when the current owners bought it for $1.58 million, according to the Zillow page. The house was also "fully renovated and expanded" in 2018, according to Zillow.

Persons: Airbnb, Kevin McCallister Organizations: Lincoln, High School, NBC Chicago Locations: Winnetka , Illinois, Chicago, Paris, Winnetka, New Trier

☆ Stocks making the biggest moves premarket: GameStop, Nvidia, Airbnb, Viking and more
▼ + stars: | 2024-05-28 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

GameStop — Shares surged nearly 27% following the company's announcement Friday that it had made around $933.4 million from a stock sale. Norwegian Cruise Line Holding — The cruise stock rose 3% following an upgrade to buy from neutral at Mizuho. Bank of America initiated coverage of Viking with a buy rating, citing its "singular brand and clear niche." UBS also gave it a buy rating, saying it's a "pure play in luxury travel." Airbnb — Shares of the short-term rental company added 1.5% following an upgrade by Wedbush to outperform.

Persons: DuPont's, Andrew Boone, Duolingo Max, Boone, Huntington Bancshares, Jesse Pound, Sarah Min, Michelle Fox Organizations: GameStop, Nvidia, Cruise, Mizuho, Street, New York Stock Exchange, Bank of America, UBS, JPMorgan, DuPont —, Citi, U.S, Cellular, Mobile

☆ Jim Cramer likes bullish calls on Viking and Airbnb but is cautious on this bank
▼ + stars: | 2024-05-28 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "They don't want kids, and they don't want gambling," and that's the appeal of Viking, Cramer said. Airbnb : Shares of the short-term rental company were upgraded to a buy-equivalent outperform rating at Wedbush. Huntington Bancshares : The regional bank stock was upgraded to a buy-equivalent overweight rating at JPMorgan. Cramer said Texas Instruments didn't make the right moves with customers and shareholders and that's why Elliott moved in.

Persons: Jim Cramer's, Mike Sievert, Jim Cramer, initiations, Viking, Cramer, Huntington, Elliott Organizations: CNBC, Club, U.S . Cellular, Mobile, U.S, Cellular, Viking Holdings, JPMorgan, Texas, Elliott Management

☆ Inside Amazon's struggle to crack Nvidia's AI chip dominance
▼ + stars: | 2024-05-28 | by ( Eugene Kim | ) www.businessinsider.com time to read: +14 min

The in-house AI chip efforts have yet to make a major dent in Nvidia's grip on the market. 'Parity with CUDA'Internally at Amazon, Nvidia's CUDA platform is repeatedly cited as the biggest roadblock for the AI chip initiative. AdvertisementAn obvious response to this would be to have cloud customers use Amazon's own AI chips instead. AdvertisementFor example, AWS's AI chips still have "compatibility gaps" in certain open-source frameworks, making Nvidia GPUs a more popular option. Don't count Amazon outDespite Amazon's AI chip struggles, the effort seems to have caught the attention of Nvidia's CEO Jensen Huang.

Persons: —, Bernstein, Stacy Rasgon, I'm, Rasgon, Adam Selipsky, Jensen Huang, Andy Jassy, Inferentia, Trainium, We're, Snowflake's, Sridhar Ramaswamy, Eóin Noonan, Ramaswamy, James Hamilton, Jassy, Gartner, Amazon's, Huang Organizations: Service, Microsoft, Google, Business, Nvidia, Intel, Amazon, BI, Annapurna, NVIDIA CUDA, Netflix, Neuron, AWS, Amazon VP, James Hamilton Amazon, Amazon SVP Locations: Inferentia, Toronto, Canada, CUDA

☆ A tenant accused of turning a $1.7M LA home into an illegal Airbnb says he did nothing wrong and will sue his landlord
▼ + stars: | 2024-05-28 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

Nikeeta Sriram accused Nicholas Jarzabek of turning her $1.675 million home into an illegal Airbnb. AdvertisementThe tenant of a $1.675 million Los Angeles home, whose owner accused him of turning it into an illegal Airbnb, insists he did nothing wrong. "I am not a nightmare tenant. I have never been a nightmare tenant," Jarzabek said in a letter provided to Business Insider by email. This story is available exclusively to Business Insider subscribers.

Persons: Nikeeta Sriram, Nicholas Jarzabek, Jarzabek, Sriram, —, Nick Diver Organizations: Service, Business Locations: Angeles

☆ Millennials and Gen Zers want human connection, so they're choosing travel tours with strangers to cure their loneliness
▼ + stars: | 2024-05-26 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +6 min

The average Intrepid Travel group has 10 people. AdvertisementIt also allows people to form new bonds in a tight-knit setting, which young travelers crave, after the COVID-19 pandemic. The average Intrepid Travel group has 10 people. jacoblund/Getty ImagesBerna said Intrepid Travel began receiving requests from people in their 30s looking for adventures off the beaten path. Intrepid Travel said they saw 172% increase globally in bookings to South Korea from 2022 to 2023.

Persons: —, Gen Zers, it's, Stephen Simpson, Matt Berna, Intrepid, Berna, crave, Gen, Brian Chesky, They've Organizations: Service, Business, Intrepid, Intrepid Travel, Travel, Japan Locations: Morocco, Sri Lanka, Americas, millennials, Paris, Vietnam, peddle, America, Peru, South Korea, Korea

☆ NYC hotel rooms are averaging over $300 a night as many hotels exclusively house migrants, reducing supply during a tourism boom
▼ + stars: | 2024-05-25 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewFor travelers planning trips to New York City, be prepared to shell out more money than ever for a hotel. But it's not just an uptick in travel to New York City that is driving up prices. Related storiesAnd, as The New York Times recently reported, the migrant crisis has also caused a jump in hotel rates. AdvertisementThis has reduced the supply of available rooms and helped drive up prices for guests looking for accommodations across the city. According to CoStar data, the hotels now sheltering migrants have cordoned off roughly 16,500 rooms from the available hotel supply, resulting in nearly 122,000 available rooms for travelers.

Persons: —, it's, Daniel H, Lesser, Joe Biden's, Donald Trump, Greg Abbott, Eric Adams Organizations: Service, Business, New York Times, Times, Republicans, Independents, Texas Gov, New, Wall Street Locations: New York City, New York, midtown Manhattan

☆ How I negotiated to lower my monthly rent in a tight housing market
▼ + stars: | 2024-05-25 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Conventional wisdom says you're more likely to be able to negotiate lower rent if there are plenty of local vacancies or when your rental is going for an above-market rate. As rental unit owners ourselves, we know how challenging it an be to find reliable tenants who will care for your property the way you would yourself. We'd like to continue being those renants for you, and respectfully request that you consider a renewable 6-month lease term at the current rate of $3,550 per month, or a 1-year lease term at a rate of $3,450. AdvertisementBe creative with your asks — and flexible with your expectationsPart of our initial ask included a variation on the lease term (6 months instead of a year), showing our landlords we were open to options other than a standard 1-year lease.

Persons: Zillow, it'd, we'll, We've Organizations: Service Locations: Santa Barbara , California, Airbnb

☆ She kissed a woman on the Trans-Siberian Railway 32 years ago. Then she flew across the world to find her
▼ + stars: | 2024-05-24 | by ( Francesca Street | ) edition.cnn.com time to read: +16 min

The bus was ferrying travelers to the train station to board the Trans-Siberian railway. Like Marie-Claire, Elaine had been working in Japan for a while, teaching English. Flirting in MongoliaMarie-Claire and Elaine were strangers who happened to be both traveling via the Trans-Siberian railway. She also shared the news with her extended network of New York friends. Elaine, Marie-Claire and their son Marcello have a family motto, based around their shared initials, EMC.

Persons: CNN — Marie, Claire Martineau couldn’t, Elaine Comerford, Marie, Claire, Elaine, ’, Elaine broached, they’d, “, Claire couldn’t, ” Marie, they'd, Claire Martineau Marie, who’d, ”, she’d, That’s, ” Elaine, “ Marie, Wolfgang Kaehler, we’d, Steve, ” Here's Marie, Claire Martineau, you’ve, Elaine didn’t, weren’t, Diane, “ Diane, ‘ Let’s, She’d, Claire’s, –, Marie Claire, Marcello, Here's Marie, “ We’ve, We’ve, we’ve, Anna Maria, Cliare, it’s Organizations: CNN, CNN Travel, Queens, Maison Internationale, EMC Locations: France, Japan, Europe, Eastern Europe, Budapest, Vienna, Boston , Massachusetts, Boston, New York City, Marie, New York, Beijing, China, Moscow, Mongolia, Russia, Asia, Mongolia Marie, Siberia, Germany, Turkey, Greece, Hungary, ”, Austria, Manhattan, Queens, Midtown, –, Provincetown , Massachusetts, Thailand, Vietnam, Colombia, Ecuador, United States, Anna Maria Island , Florida, Florida

☆ A woman rented out her $1.7M LA home — then her tenant left the country and turned it into an illegal Airbnb: report
▼ + stars: | 2024-05-24 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +5 min

"He seemed like the perfect tenant until he turned into a nightmare," Sriram told the outlet. When confronted, Jarzabek denied subletting the property, but Sriram found listings for it on Airbnb, the Times reported. AdvertisementInitially, the Airbnb account was hosted by someone named Rich Jacobs. Sriram told the Times she eventually resorted to showing up at the property to warn guests about the situation. According to the Times, Jarzabek stopped paying rent after Sriram filed the eviction notice.

Persons: —, Nikeeta Sriram, Sriram, Nicholas Jarzabek, Jarzabek, Rich Jacobs, Monthier, Airbnb, Jacobs, Nick Diver, Diver Organizations: Service, Los Angeles Times, The Times, Business, Times, Police, Los Angeles Superior Court Locations: Angeles, United Kingdom, Los Feliz, LA, London, Airbnb

☆ Jury in trial of tech CEO Fahim Saleh's killer hears grisly 911 call: 'His head is not there anymore!'
▼ + stars: | 2024-05-24 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

the operator asks, to which the woman sobs, "No! the 911 operator asks Saleh's cousin in the recording played Friday. the operator asks. Prosecutors told jurors that these bags held Saleh's head and limbs. A crime scene photo showing tech CEO Fahim Saleh under attack by his killer just inside the victim's Manhattan condominium.

Persons: —, Gokada, Fahim Saleh, Saleh, Tyrese Haspil, Linda Ford, Sam Roberts, Alan Chin, Haspil, Chavaux, Roberts, he'd, sobs, gasps, Prosecutors, he's, Gigi Jordan Organizations: Service, Business, Manhattan, Prosecutors Locations: Bangladeshi, Nigeria, Manhattan, France

☆ The European housing crisis warping millennial life: The average Croatian lives with parents until 33
▼ + stars: | 2024-05-24 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +9 min

According to Eurostat, the EU statistical office, the average Croatian leaves their parents' home at over 33 years of age, its highest figure. Joshua Zitser/Business InsiderIn the US, almost everyone has moved out by then. Joshua Zitser/Business InsiderWhile tourism brings economic opportunities for Vukovic and many others, he says it has also worsened the already dysfunctional housing market. But in parts of Dubrovnik, Vukovic explained, that's not feasible. Joshua Zitser/Business InsiderFor Josip Crncevic, 34, prices feel far out of reach.

Persons: —, Joshua Zitser, Malohodžić, Ivan Vukovic, Vukovic, Filip Brkan, that's, Josip Crncevic, Crncevic, homeownership, it's, he'd, Marija, Sanja, Angelo, Cikato, Diana Marlais, Bogdan Dascalescu, wouldn't Organizations: Service, Croatian, Business, Eurostat, BI, UNESCO, Heritage, King's, Real Estate Business Association of, Croatian Chamber Locations: Dubrovnik's, Croatia, Dubrovnik, Independence, HBO's, Dubrovnik's suburbs, Marija

☆ When my husband and I got married, I wasn't sure if I wanted kids. Now I'm 72 and childless, and I don't regret it.
▼ + stars: | 2024-05-21 | by ( Louisa Rogers | ) www.businessinsider.com time to read: +5 min

At the time I thought I might want to have kids, and Barry thought he probably didn't. During college I told my mother that I worried that I wouldn't make a good parent because I didn't enjoy children much. Louisa Rogers and her husband Barry enjoy spending time with their grandsons. On the other hand, I married Barry knowing he was uncertain, so my wish couldn't have been that strong. Since I have many peers who, like me, don't have biological children, I don't feel alone.

Persons: —, Barry, Louisa Rogers, That's, I'd, I'm Organizations: Service, Business, Honda, San Francisco General Hospital Locations: Washington, DC, Mexico

We break down key info on booking long-term Airbnbs, including fee and cancellation policies. While long-term Airbnb listings will show up in a standard search, you can also more easily find them by going directly through the website's sublet hub. Not to mention, booking a long-term Airbnb is an easy way to earn travel points on your credit card. Long-term Airbnb discounts start at bookings of 28 days or more. Do you still have to pay fees on a long-term Airbnb rental?

Persons: weeklong, Airbnb, —, You'll, someone's, you'll, it's, you've, Airbnb's Organizations: Business, Service Locations: Airbnb, Seattle, New York City, Brooklyn, Bellville , Kansas

☆ The fraud trial of Ozy Media cofounder Carlos Watson has begun. His attorneys have argued race played a role in his indictment.
▼ + stars: | 2024-05-20 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Read previewAttorneys began jury selection in the criminal fraud trial of Carlos Watson, the cofounder of the fallen digital media startup Ozy Media. This story is available exclusively to Business Insider subscribers. Carlos Watson is a Black man and Ozy Media was majority-owned by people of color." AdvertisementAttorneys for Watson did not immediately respond to a request for comment from Business Insider on Monday. Semafor co-founder, former New York Times columnist, and BuzzFeed News editor in chief Ben Smith and Ozy co-founder Carlos Watson.

Persons: —, Carlos Watson, Watson, Watson's, Semafor, Ben Smith, Ozy, Dia Dipasupil, Kimberly White, Marc Lasry, Laurene Powell Jobs, Ron Conway, Axel Springer, Smith, Samir Rao, Suzee Han, Goldman Sachs Organizations: Service, Ozy Media, Business, Prosecutors, Apple, Google, Vice Media, New York Times, Goldman Locations: Brooklyn , New York, Buzzfeed

☆ Airbnb hosts are bracing for an unpredictable summer
▼ + stars: | 2024-05-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +7 min

Read previewLast summer ushered in a new normal for hosts on Airbnb and other short-term rental booking websites. Ahead of summer 2024, hosts face pressure to stand out from all the other listings in their areas. Adding additional stress is the increased unpredictability of travelers themselves — hosts say guests are booking trips more last-minute than the advance-planning of years past. With direct bookings, hosts are responsible for collecting the proper paperwork for background checks and payment information, and they don't have the additional insurance offered by the major platforms. Influencers can also help promote direct booking, Burke said.

Persons: —, Vrbo, they're, Emily Burke, Rick Kenworthy, he's, Kenworthy, Ryan Villines, Villines, Burke, she'll, she's, they've, who've, Influencers, Tulsans Organizations: Service, Business, Airbnb Locations: Tulsa , Oklahoma, Arizona, Scottsdale, Phoenix, Airbnb, Missouri, Tulsa

☆ In response to a string of deaths, Airbnb CEO says it's 'really hard' to make hosts install carbon monoxide detectors
▼ + stars: | 2024-05-19 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Chesky said it is "hard" to enforce a carbon monoxide mandate across 220 countries and regions. NBC News reported that at least 19 deaths at Airbnbs involved carbon monoxide poisoning. AdvertisementAirbnb CEO Brian Chesky said enforcing certain safety measures, like carbon monoxide detectors, across all listings worldwide is "very hard." NBC reported in November 2023 that there had been 19 deaths on Airbnb properties related to carbon monoxide poisoning. Airbnb responded to the initial deaths in 2014 by asserting it would mandate carbon monoxide detectors in all its listings but that's yet to happen, the outlet said.

Persons: Brian Chesky, Chesky, —, Airbnb Organizations: NBC News, Service, NBC Nightly, NBC, Business

☆ A millennial CEO launched a fully remote tech company. He says hybrid work is the worst of both worlds.
▼ + stars: | 2024-05-18 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "The point of it was to be silly and to put people in different environments and situations where they could create new networks and pathways to people in the company," Pitt said. 'It's easy to look busy'Another way the company tackles remote work for an employee base spread around the world is to cluster some functions. Rather than dwelling on where workers work, a big focus is on developing trust, Pitt said. AdvertisementAnd, Pitt said, if workers care about the mission, it doesn't matter whether they work in an office or from afar.

Persons: —, Keith Pitt, Pitt, zaniness, hybrid's, Buildkite Pitt, Slack, Buildkite, I'm Organizations: Service, Business, Buildkite, Pitt, IRL, Workers Locations: Buildkite, Perth, Australia

☆ Insider Today: Etihad Airways' 'apartment' seats
▼ + stars: | 2024-05-18 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Open House OpticsThis week's dispatchSkinny houses, big dramaAdvertisementCould you live in a 10-foot-wide house? That's the case for this skinny home, which was built out of spite because the neighbors didn't want the house built on a leftover residual lot. iStock; Rebecca Zisser/BIEtihad Airways' private 'apartments'Forget business class — Etihad Airways offers private "apartments," or rooms with a closing door, a couch that converts to a bed, and a reclining chair. Rory JonesBuilding a home in BaliDespite never visiting the Indonesian island, an Australian couple built an investment property in Bali.

Persons: —, didn't, Jordan, Rebecca Zisser, Guy Fieri, Kevin Mazur, Fieri, it's, Fiona Chandra, Rory, Casey Jones, Rory Jones, they're, Tyler Le, Colin, Young Sheldon, Ashley Madison Organizations: Service, Business, BI Etihad Airways, Etihad Airways, Conrad, CBS Locations: Albuquerque , New Mexico, Mission , Texas, New Haven , Connecticut, Jacksonville Beach , Florida, Washington ,, Maldives, Conrad Maldives, Bali, Indonesian, Australian

☆ Some Airbnb hosts run over 20 properties. Here are the 15 cities these megahosts dominate the most.
▼ + stars: | 2024-05-18 | by ( Dan Latu | Alcynna Lloyd | ) www.businessinsider.com time to read: +3 min

In popular ski destination Steamboat Springs, Colorado, for example, over 60% of the town's total short-term rental inventory is controlled by professional hosts. In 2023, the town created red zones where new short-term-rental permits were banned, according to local radio outlet KUNC. "It's been really lovely," Steamboat Springs resident Torey Wodnik told KUNC about living in the new red zones. Professional hosts may also have the upper hand in offering discounts and adjusting daily rates to capture more guests. Here are the 15 cities with the largest shares of Airbnb hosts that are professional companies.

Persons: —, It's, Torey Wodnik, Jamie Lane, David, Lane Organizations: Service, Business, Steamboat Locations: Oregon, Lincoln City, Newport, New Mexico, Ruidoso, Springs , Colorado, Springs, Steamboat

☆ I spent 2 nights at a 2-story, 100-square-foot tiny home in Germany that was smaller than any I've seen in the US. Take a look inside.
▼ + stars: | 2024-05-17 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

The 106-square-foot home made smarter use of space than any tiny home I've seen in the US. It had a unique cylindrical shape and was less than half the size of the US tiny homes I've booked. So, I'm intrigued by tiny homes because they tend to make good use of a small space. I've stayed in several tiny Airbnbs around the world, from Florida and Maryland to Canada and Switzerland. This story is available exclusively to Business Insider subscribers.

Persons: —, I've, I'm Organizations: Service, Business Locations: Germany, Florida, Maryland, Canada, Switzerland

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