Airbnb-Branded Apartment Buildings Are Coming to the U.S.
- Upstart is designing apartment complex with Florida developer
- Company aims to legitimize home-sharing with landlords
Miami, Florida
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People around the world use Airbnb Inc. to rent out their apartments to guests, sometimes rankling building owners and landlords in the process. Now Airbnb is getting more directly involved in the real-estate side of the business.
The San Francisco company said it’s working with Miami-based developer Newgard Development Group to design a 324-unit apartment building that will carry the Airbnb name. Tenants will be encouraged to sublet their spaces online, and guests will have access to amenities commonly found in hotels.