Source: Danielle Chemtob and Tim Funk, CHARLOTTE OBSERVER, 2/27/20


When the 2008 recession hit Carl Caudle’s historic bed and breakfast in the North Carolina mountains, his profits were slashed. Travelers cut back on vacations, and businesses canceled corporate getaways, he said. As his business in Tryon, N.C., has slowly recovered, he’s faced new competition from Airbnb. And popular online travel sites often direct customers to larger hotel chains, he said, rather than local inns like his.

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