This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Airbnb, the disruptor-in-chief of travel accommodations, wrote a strongly-worded letter to Marriott CEO Arne Sorenson accusing the hotel industry of taking taxpayer subsidies to fund the construction of properties around the United States.

The letter comes after the Marriott CEO said that he doesn’t think Airbnb is willing to concede to government regulations, and commenting that the homeshare startup is spending “a lot” of money on government affairs.

In response, Airbnb’s head of public policy Josh Meltzer sent a letter, obtained by CNBC, to Sorenson on Monday saying:

I was not surprised that you are unwilling and unable to defend your industry’s longstanding commitment to price gouging consumers, depressing wages and replacing workers with robots.

This letter continues the ongoing battle between Airbnb and the hotel industry — both sides have lobbied the federal government intensely, and there were even eyebrow-raising TV ads accusing Airbnb of amplifying the threat of terrorism. In April 2017 the New York Times reported that the American Hotel and Lodging Association (AHLA) which includes Marriott, Hyatt and Hilton, was planning on thwarting Airbnb’s growth.

Airbnb Letter by CNBC.com on Scribd

Meltzer highlights a report from Airbnb which claims that Marriott received $1.73 billion in taxpayer subsidies between 2008 and 2017 to fund construction of its hotels. Though Meltzer didn’t stop there — he asked Sorenson to explain to taxpayers the “subsidized” $12.3 million salary he received in 2016.

The hotel industry has accused Airbnb of avoiding regulations, causing a spike in rents and not playing by the same rules of traditional lodging providers. The San Francisco tech startup, meanwhile, has charged hotel chains with fighting Airbnb at every step at the expense of consumers.

Meltzer challenged Sorenson to address the AHLA’s “misleading ads” regarding the safety of Airbnbs and defended the company’s background check system.

A report from Morgan Stanley released last week said that Airbnb’s adoption rate is slowing, and suggested that privacy and safety issues are barriers to further growth for the homeshare company.

Featured Image by Carl Court/Getty Images.

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

Apply Now
More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.