Tag: FairBnb
FairBnb offers sustainable alternative to Airbnb model
Bologna (TAN): A startup called FairBnB offers a model for “hosts and guests to connect for meaningful travel and cultural exchange, while minimizing the cost to communities” as an alternative to home-sharing platforms such as Airbnb.
FirBnB co-founder Sito Veracruz says the AirBnb model, which initially looked good for business, has disastrous effects on the lives of the local people.
“I think it’s obvious that Airbnb contributes to gentrification,” Veracruz told The Guardian. “It drives up real estate prices…Neighbourhood business that create ties between residents are replaced by businesses that only focus on tourists. Bike rental companies replace local grocery shops. And apartments that are continuously rented out to tourists are lost to people who want to actually live here.” Continue reading FairBnb offers sustainable alternative to Airbnb model