Airbnb to Open Home-Sharing Complex in Nashville

Airbnb is partnering with Nido to open buildings for long-term residents who can sublet to tourists. This project has faced mixed reactions from residents, with some feeling blindsided. The legality of these operations varies by location, with current projects in Kissimmee and Nashville. Airbnb is moving towards hotel-like listings with Airbnb Plus, aiming for standardization and higher service levels. The company plans to expand in the U.S. and is exploring new revenue streams like experiences, all while preparing for an IPO.

What is the main purpose of Airbnb's partnership with Nido?

• To create a new hotel chain

• To provide long-term leases to tourists

• To allow residents to sublet apartments to tourists

• To open short-term rental hotels

How do some residents feel about the Airbnb and Nido project?

• They are excited about the new opportunities

• They fully support the project

• They feel blindsided and unhappy

• They are indifferent to the changes

In which locations is Airbnb currently operating this new project legally?

• New York City and Los Angeles

• Kissimmee, FL and Nashville, TN

• Miami, FL and Austin, TX

• Chicago, IL and San Francisco, CA

What is the goal of Airbnb Plus?

• To focus on long-term rentals

• To expand internationally

• To provide standardized, hotel-like listings

• To offer budget-friendly accommodations

Why is Airbnb diversifying its offerings?

• To focus solely on short-term rentals

• To avoid regulatory hurdles and expand revenue streams

• To concentrate on luxury accommodations

• To reduce competition in the market