Owners of property in China that let via the direct owner rental service Airbnb have been served a warning that gives them an option to leave the service via a change in terms and conditions. The new terms states they can leave this service if they were not happy with some significant changes in the companies ownership
The new terms states issued by AirBnB stated
“we’re making some operational changes for our business in China (which for purposes of the Terms, excludes Hong Kong, Macau and Taiwan) (“China”). Beginning 07 December,2016, we will operate our business in China through Airbnb Internet (Beijing) Co., Ltd. (“Airbnb China”). I
If you have existing listing(s) in China, some of your information will be transferred to, stored, used and processed by Airbnb China from 07 December 2016. After 07 December 2016, if any of your personal information would be transferred to, stored, used or processed by Airbnb China as a result of any action that you propose to take, you will be notified of this before any such transfer, storage, use or processing is undertaken.
Like hotels and other businesses operating in China, Airbnb China has to comply with local laws and regulations, including privacy and information disclosure laws, and may be required by Chinese government agencies to disclose information held by it, such as host, guest, and listing information relating to stays in China. If you would like to continue using Airbnb but do not wish to have your information transferred to, stored, used or processed by Airbnb China, you should remove any existing listing(s) you have in China, from your Airbnb account.
Airbnb Advertising China
Chinese Home Rental Market and Tujia
Airbnb still, it faces stiff competition from homegrown companies. Tujia, the country’s leading home-sharing service, had 420,000 listings in China as of July, while Mayi, another major competitor, said it had 300,000, according to tech news site Tech in Asia.
China’s version of Airbnb, acquired the homestay units of Chinese travel companies Ctrip and Qunar.
Tujia currently operates in Japan, South Korea, Singapore, and Taiwan. But the latest acquisition could open the door for further expansion. Under the deal, Tujia will acquire both Ctrip and Qunar’s website, apps and operation teams of their homestay units.
Tujia, which is valued at more than $1 billion, was founded in 2011 and connects travelers with property owners. The firm also works with real estate developers to help rent out unsold properties and provides cleanup and property inspection.
Airbnb has also announced a few agreements with major cities in China, including Shenzhen (a hardware industry hub), Guangzhou, and Shanghai, which have agreed to support home-sharing and Airbnb.
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Nick Marr is the founder of Homesgofast.com and behind property marketplace TheHouseShop.com and Europe's most established dedicated European property portal (online since 1998) Europeanproperty.com. Nick advised the UK government to help change legislation to make advertising real estate online easier for UK property businesses. The result has been a flourish of innovation creativity helping all stake-holders to greater flexibility allowing for new online models to exist today. Working with thousands of international real estate agents, developers and homeowners worldwide allows him to gain a unique insight to the changes in both digital marketing and the real estate sector. You can find out more about him at NickMarr.com