After first disrupting the hotel business industry, shared rental services like Airbnb are making life difficult for Canada's corporate housing sector. Airbnb has had a huge impact on all housing providers because it has attracted regulatory attention, says Terry Rodgers, founder of HighStreet Accommodations and Canadian managing director for the Corporate Housing Providers Association. "There's a very high number of what claim to be corporate housing providers in that market that have burnt the bridges for us," she said. The global accommodation giant has expanded with Airbnb for Work, which has attracted average stays of about five days. Corporate housing professionals don't underestimate the potential threat from Airbnb as use by business travellers has grown.

Source: CBC News March 31, 2019 21:00 UTC