Airbnb to host celeb-packed festival in LA

Gwyneth Paltrow, a TOMS shoe and the Airbnb interface (credit: Andrea Raffin via Wikipedia Commons, TOMS and airbnb.com)
Gwyneth Paltrow, a TOMS shoe and the Airbnb interface (credit: Andrea Raffin via Wikipedia Commons, TOMS and airbnb.com)

How’s this for timing?

Airbnb’s annual festival will be in Downtown Los Angeles this year. The short-term rental company announced the party plans on Tuesday — at a time when the L.A. City Council is gearing up to vote on whether stringent regulations should be imposed on the platform.

Dubbed Airbnb Open, the event will take place November 17-19 at various locations, including local restaurants and four historic theaters. The festival will welcome guests and hosts that use the service, as well as local residents curious about Airbnb, My News L.A. reported.

Sign Up for the undefined Newsletter

This year, Airbnb nabbed some pretty impressive celebs as guest speakers including actress and lifestyle guru Gwyneth Paltrow, “Eat, Pray, Love” author Elizabeth Gilbert, Ashton Kutcher and Toms founder Blake Mycoskie.

“This year’s Airbnb Open will be a seminal moment for our community as we announce our vision for the future of hosting and travel,” Airbnb co- founder and CEO Brian Chesky said in a release.

The L.A. City Planning Commission recently approved a set of strict limits and regulations on the Airbnb and its home-rental cohorts, including the prohibition of non-primary residences and pricey fines when a rule is broken. City Council will vote on the draft later this month. [MyNewsLA]Cathaleen Chen