if you're looking for a project X style roger that
is an Airbnb this summer, you might want to
rethink your plan home rental platform just announced this morning
that it has officially banned all parties. That means
all ragers properties globally. This including a ban on
listings of so called party house properties. Airbnb says
the first ban of this kind went into effect at
the start of Covid an effort to discourage large gatherings
, but now It is a permanent policy one rule
that was also introduced during COVID was a 16 guest
limit for properties. Airbnb says it is removing that
camp as some properties can comfortably accommodate more than 16
people. The company's sites, examples such as castles
, vineyards and beachfront villas for multigenerational family vacation.
So let's look at shares of Air B B today
, you see the stock is down with the broader
markets of course Nearly 4%, you know, I
did read some of these articles when Airbnb were first
coming out were first getting popularity when people rent these
houses and destroy them when they were renting them from
throwing these big parties. So perhaps they're also helping
the property owner at that point for the same time
. You know, there are some party houses you
may want to throw like a big family party or
something that all parties have to be rangers, you
know, there could be some civil parties as well
. So I guess you gotta take the good with
the bad, I'm here for the civil parties that
rage. The raging civil parties. Of course,
yes, exactly