Airbnb is facing tighter local regulations.
Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.
The rollout marks the latest step in Airbnb's push to capture more of the travel spending that currently flows to competitors like Booking.com and Expedia.
This evolution, 18 years after the company's scrappy beginnings in San Francisco, is one of Airbnb's answers to increasingly tough restrictions on short-term rentals in key markets.
In December, Spain hit the company with a 65-million-euro ($75 million) fine over more than 65,000 non-compliant listings, and Barcelona decided not to renew thousands of rental licenses when they expire in 2028.
