Hotel industry details plans to fight Airbnb

The hotel industry is ramping up its Washington profile as it looks to counter the online home-sharing service, Airbnb. The industry's political action committee, HotelPAC, spent money in 225 congressional races during the 2016 election, a record for the group. During the election cycle, they raised $1.5 million and gave out $1.3 million to congressional candidates, breaking their own fundraising and spending records.