In November 2017, the Government of Vancouver, Canada adopted regulations and restrictions against Airbnb hosting, claiming to protect the long term rental market which it stated was just above zero availability. The new regulations include allowing hosts to be allowed only to rent their principal residence. Hosts would also require a paid license with acquisition and maintenance fees, with a number to be displayed when listing any space for rent. A voluntary transaction fee of three percent was also to be implemented per reservation, but Airbnb claimed it was unable to collect such fees, instead requesting an amendment for the hotel tax.
Delta Air Lines Sees Premium Profit: On their third quarter earnings call, Delta executives confirmed what I had been hearing anecdotally for a while: Customers are buying premium seats at an increased rate. With a hot economy, more business and high-end leisure travelers are deciding they can afford business class, domestic first class, premium economy, and extra-legroom economy class seats. The business is so strong Delta executives said they would consider installing more premium seats.
American is one of the nation's leading airlines in flights to international destinations. AA Airlines flies to several countries in South America, including Brazil, Colombia, Argentina, and Peru. Through their hub in Dallas, American dominates the travel market to Central America, with service to almost every country between Mexico and Colombia. European service is anchored by American's oneworld partners, with American Airlines flights to the United Kingdom, Germany, Spain and other countries supplemented with seasonal service to countries like Norway and Sweden. American also serves Asia with flights to Shanghai and Beijing in China; Nagoya, Osaka, and Tokyo in Japan, and several additional nations.
Hosts provide prices and other details for their rental or event listings. Pricing is determined by the host, with recommendations from Airbnb. Hosts may be required to report income and pay income taxes on income received via Airbnb. In the US, homeowners who refinance their mortgages with some agencies are able to count income they earn from Airbnb rentals on their refinance loan applications.