But Airbnb indicated it was well aware of the potential for issues but it had systems in place to ensure success.
"To help keep our community safe and trusted, we've published standards and expectations for all of our hosts and travellers. Airbnb also shares further information for hosts to consider, including how to work with landlords.
"Overwhelmingly, our hosts share only the home in which they live, earning a modest income.
"Airbnb also offers host protection insurance, a liability insurance program that will provide up to $1 million worth of protection to Airbnb hosts for their listings. If a guest is accidentally injured anywhere in a host's building or property during a stay, the host protection insurance programme provides coverage for Airbnb hosts and, where applicable, their landlords. Hosts won't need to take any action to be covered under these policies - they are automatic for every stay at a listing," the business said.
Barreto said the Government needed to look at Airbnb.
"In the absence of laws for its use, local industry leaders are concerned that Airbnb will become an unregulated nightmare for strata owners to deal with," she said.
"Strata property owners are the single biggest stakeholder group for Airbnb's use and the peak body for this group is adamant their priorities for regulatory action need to be heard," Barreto said.
"Decision makers in Government must be committed to hearing the challenges short term letting poses for strata communities, before law reform glosses over the point entirely. Property is the biggest asset you will ever have, period and we are very strong on the point that the assets of strata property owners must be protected by firm, fair regulations," Barreto said.
Britain's The Independent reported last month that Berlin banned tourists from renting entire apartments through Airbnb and its competitors, in an attempt to protect the supply of affordable housing.
The New York Post has reported how most Airbnb listings violate the state's short-term leasing law.