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May 25, 2011 06:29 pm GMT

Airbnb About To Launch Sublets As Service Is Exploding With Activity

Today at our TechCrunch Disrupt conference in New York, Airbnb co-founder Brian Chesky had some news to share on stage when talking to our own Erick Schonfeld. Apparently, Airbnb will be launching a new option, sublets, in the next few days.Chesky didn't dive into many details, but presumably people will now be able to sublet out their apartments for very long periods of time on the site, letting others take on their leases. Airbnb has risen to prominence by allowing users to rent out their homes/apartments for short periods of time. Now they're apparently expanding on that model, leveraging the popular site they've created.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WHvZIkM_s0w/

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