This kind of lettings are a PITA for the neighbours, with or without AirBnB. I used to live in a city with high level of tourism and the apartment next door was rented in a short term fashion. Sometimes the people was nice, others they were noisy, there's nothing AirBnB or the owner can really do apart from removing the people form the property if they are breaking the law or community rules.

Taxes and laws are a totally different beast here.