Airbnb tries to attract big landlords with new listing service, WSJ reports

Airbnb (ABNB) is launching a new listing service for rental apartments in a bid to expand its business in multifamily buildings, Konrad Putzier of The Wall Street Journal reports. The new service will include over 175 buildings managed by Equity Residential (EQR), Greystar Real Estate Partners, and more. The site will be a listing platform for rental apartments, only including short-term sublets. Tenants who sign a lease can sublease their units for no more than 180 days. In most cases, landlords will get a 20% share of the total booking revenue in most cases. Reference Link