Facing stricter regulations on short-term rentals, Airbnb is transforming its app into a comprehensive travel platform by adding boutique hotels, car rentals, and grocery delivery services, aiming to capture more market share from competitors like Booking. com and Expedia.

Airbnb on Wednesday added new services and independent hotels to its platform in its latest expansion move in the travel industry.

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…