In November 2017, the Government of Vancouver, Canada adopted regulations and restrictions against Airbnb hosting, claiming to protect the long term rental market which it stated was just above zero availability. The new regulations include allowing hosts to be allowed only to rent their principal residence. Hosts would also require a paid license with acquisition and maintenance fees, with a number to be displayed when listing any space for rent. A voluntary transaction fee of three percent was also to be implemented per reservation, but Airbnb claimed it was unable to collect such fees, instead requesting an amendment for the hotel tax.
Founded in 1931 as American Airways, American Airlines (AA) is the world's largest airline when measured by revenue and fleet size. A founding member of the Oneworld alliance, AA operates a primary hub at Dallas Fort Worth International Airport (DFW) and has eight secondary hubs at airports across the United States. The airline flies to about 345 destinations in North America, the Caribbean, South America, Asia and Europe. It has codeshare agreements with 15 other carriers, as well as joint ventures with British Airways, Japan Airlines, Iberia, Finnair and Qantas on certain routes. Its fleet consists of 963 aircraft.
American Airlines was founded in 1926 as a mail carrier with its first flight by Charles Lindbergh. Eight years later, the company switched revenue sources from mail to passengers and has since grown through various mergers with other airlines. Today, American Airlines operates out of ten hubs located from shore to shore in the United States, with its main headquarters in Fort Worth, Texas. Other hubs include Charlotte, Chicago-O'Hare, Philadelphia, Miami, Phoenix-Sky Harbor, Washington, DC-National, Los Angeles, New York-JFK, and New York-LaGuardia.
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One year later, there were 15 people working from Chesky and Gebbia's loft apartment on Rausch Street in San Francisco. To make room for employees, Brian Chesky gave up his bedroom and lived at lodging booked via the Airbnb service until the company moved into its first office space. In April 2009, the company received $600,000 in seed money from Sequoia Capital and, in November 2010, raised $7.2 million in financing from Greylock Partners and, again, from Sequoia Capital, in a Series A round, then announcing that out of 700,000 nights booked, 80% had occurred in the previous six months.