Despite crackdown, Airbnb says it can help Hong Kong tourism bounce back faster when Covid-19 subsides, has no plans to exit city

Airbnb says it can help Hong Kong’s tourism industry recover faster after the coronavirus pandemic subsides, pointing to research that found each guest who booked accommodation through the app spent nearly HK$6,000 (US$774) on average during their stay.The company has come under greater scrutiny in the Asian financial hub, where hoteliers claim most listings are skirting licensing rules for short-term home rentals. A new law set to take effect later this year threatens stiff penalties for flat…

from South China Morning Post https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3098512/despite-crackdown-airbnb-says-it-can-help-hong