Airbnb will soon sell Hotel Rooms? For now, Luxury Accommodations.

Pamela Alfred • 12 July 2017

Airbnb might soon be rolling out the red carpet in attempt to be more posh. The company is rumored to be adding a new luxury tier for its offerings.

As reported by Bloomberg, the San Francisco-based home rental company has been working internally on a new level of high-end rentals (penthouses, mansions and the like) called Airbnb Lux. This follows on the heels of Airbnb's recent acquisition of Luxury Retreats, a Canadian vacation rental property company that has 4,000 homes including villas, mansions and penthouses in locations around the world.

An upscale variation on its original model could be a large source of revenue for Airbnb, which takes a percentage of the booking cost.

Airbnb declined to comment so far.

Full Article Here!