Australia's Communications Minister, Malcolm Turnbull, had nothing but appreciation for one of the sharing economy's shining stars, Airbnb, on Wednesday at the CeBIT technology conference in Sydney.
Airbnb has "added more than 10,000 rooms to Sydney's holiday rental market, without a single brick being laid and planning permit being approved," he said
"In seven years, Airbnb has added more than one million rooms globally compared to the century-old Hilton chain's 700,000 hotel rooms."
Airbnb — a platform that lets users rent out rooms in their own home — has been controversial in Sydney and across Australia, with some accusing the U.S. company of evading regulations like residential neighbourhood zoning Read more...
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