Nancy Paine’s short-term rental business is dead in the water.
As co-founder and CEO of Victoria-based SpaceHost, Paine said she had been at the forefront of the Airbnb revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site.
At the peak of business, her staff managed 65 properties, welcoming thousands of guests from around the world to what Condé Nast Traveller magazine recently rated as the “best city in the world.