Airbnb appears to have survived what could have been a huge blow to its business in San Francisco.
Proposition F, a local ballot measure that was seen as a threat to Airbnb in its hometown, looks to have failed.
The measure would have curbed the number of days a host can rent on the Airbnb platform — capping both hosted and unhosted rentals at 75 days per year.
Preliminary results out Tuesday night show San Francisco voters rejecting Prop F by a wide margin — more than 57 percent against, and about 42 percent in favor, according to the city's Department of Elections.
The measure was largely seen as a threat to Airbnb's overall growth, and a costly one, too. The passage of Prop F would have cost Airbnb $6 million in revenue per year, as reported by Business Insider's Biz Carson.
Airbnb has spent $8 million fighting the measure.
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