In the summer of 2008, two San Francisco roommates inflated an air mattress in their living room and called it a bed and breakfast—Airbed and Breakfast, to be exact. Using startup capital earned by selling Barack Obama-and John McCain-themed cereals at the political conventions, they offered lodging online at Airbedandbreakfast.com, later shortened to Airbnb.com.
On the other side of the country, where at that moment housing values were suffering the effects of the collapsed subprime mortgage market, this opening salvo of the Sharing Economy was about to disrupt many lodging markets, including the Adirondack Park’s.
Within a decade, a new term had entered the park lexicon: Short Term Rentals, or STRs. “Millennials went crazy for them,” said Jamie Konkoski, community development director for the Village