Airbnb puts permanent ban on parties - Reuters
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Airbnb (NASDAQ:ABNB) is extending its COVID-driven party prohibition to a permanent policy, per Reuters.
The company has long worked to crack down on unauthorized gatherings at its rental locations. In 2019, after a shooting at an Airbnb (ABNB) rental property, CEO Brian Chesky indicated the companyâs commitment to shutting down party houses.
âStarting today, we are banning âparty housesâ and we are redoubling our efforts to combat unauthorized parties and get rid of abusive host and guest conduct,â he tweeted in a November 2019 thread outlining steps management was taking to stem the potential of such incidents. 
Shootings at properties hosted on Airbnb (ABNB) have once again cropped up as a problem in 2022. For example, a mass shooting at an unauthorized gathering in Pittsburgh was a significant black eye for the online accommodation company.
Aside from the technological improvements to crack down on party houses and hosts, the company moved to restrict large gatherings altogether in the summer of 2020 to comply with COVID mitigation strategies. While the company will lift caps on occupancy instituted during the pandemic, according to the report, the general ban on parties will remain in place as a permanent step.
Thus far, the policy has not hurt the demand for Airbnb (ABNB) rentals. Read more on strong travel demand that is expected to serve as a tailwind for the stock into the summer season.