Is Airbnb Opening Its Own Apartment Building…Or It’s Actually Just A Hotel?

It sure sounds a lot like one.

Just admit it Airbnb, you’re building a hotel in Florida.

In a statement on Airbnb’s website, the home-rental company is currently working with a property developer Newgard Development Group to open a 300-unit rental complex in Kissimmee, FL. It’ll be named: Niido powered by Airbnb. Newgard will build and own the complex, but the name will have Airbnb’s brand on it. Newgard plans on building 2,000 Airbnb-branded units in the net two years.

According to an interview on Financial TimesAirbnb’s head of multi-family housing projects Jaja Jackson said:

Tenants will have their own app designed for the special landlord-tenant support.

Okay, maybe this isn’t EXACTLY like a hotel. But maybe we can call it a timeshare?

What do you think of this news? Share with us in the comments.

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