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Airbnb enforces worldwide house party ban
Reading Time: 2 minutesWorldwide: Airbnb has issued a global blanket ban on all parties and events being held in properties listed on its platform from now on. The company will limit the total occupants in a property to 16, with the exception of certain venues. Airbnb first attempted to limit the impact of parties last year, after a […]
Airbnb partners with cleaning companies in South Africa
Reading Time: 2 minutesSouth Africa: South African president Cyril Ramaphosa has announced the country’s move to phase two of lockdown, allowing home-sharing businesses to re-start operation. Airbnb, in response, partnered with local cleaning companies SweepSouth and Propaclean to improve local sanitation efforts. South Africa initially reopened accommodation two months ago, however, home-sharing apps due to health department concerns. Airbnb […]
Airbnb begins IPO filing process
Reading Time: 2 minutesUS: Airbnb has confirmed via a press release that it has begun the process of filing to go public by submitting a draft registration statement to the Securities and Exchange Commission [SEC] for an initial public offering, or IPO. Just a week after reports emerged that Airbnb would be filing for its IPO this month, […]
Atlantic City hikes short-term rental fees
Reading Time: 2 minutesUS: Atlantic City Mayor Marty Small Senior has announced a series of new measures designed to regulate short-term rentals in the New Jersey city. According to Small, the measures could bring $1.2 million in revenue for the city from various additional fines. The mayor noted that his office had received a significant number of […]
Airbnb to restrict under-25 rentals in UK, France and Spain
Reading Time: 3 minutesEurope: Airbnb has announced a trial that will restrict guests in the UK, France and Spain under the age of 25 from booking entire homes in an area close to where they live, in order to clamp down on antisocial behaviour and unauthorised rowdy parties in various neighbourhoods. Starting with immediate effect and lasting for […]
Airbnb files landmark lawsuit against unauthorised Sacramento host
Reading Time: 2 minutesUS: Airbnb has announced landmark legal action against a Sacramento host who hosted an unauthorised party during which a gunman injured three people. This is the first time that Airbnb has ever brought legal action against one of its guests. The action alleges both negligence and violation of local health orders on the part of the […]
Airbnb partners with Indigenous Tourism Association of Canada
Reading Time: 2 minutesCanada: Airbnb has announced that it is partnering with the Indigenous Tourism Association of Canada [ITAC] to help promote tourism for its operators. Both groups hope that the partnership will promote historical learning and understanding for both Canadians and international tourists. Airbnb has developed a website dedicated to highlighting indigenous experiences in connection with this […]
Oxford Economics: Airbnb contributed $320m to Indian economy in 2019
Reading Time: 2 minutesIndia: Airbnb contributed over US $320 million [INR 22 billion] to India’s Gross Domestic Product and supported close to 50,000 local jobs in 2019 alone, according to the Oxford Economics’ The Economic Impact of Airbnb in India report released this week. The landmark report explores the total economic impact of Airbnb in India between 2015 and 2019. The […]
Airbnb rumoured to be filing for IPO this month
Reading Time: 2 minutesUS: Airbnb is rumoured to be on the verge for filing for its initial public offering [IPO] later this month in an unexpectedly rapid development for the home-sharing behemoth. According to The Wall Street Journal, the company is set to file the relevant paperwork with the Securities and Exchange Commission before the end of the […]
Online listings “breaking” Los Angeles short-term rental rules
Reading Time: 2 minutesUS: Thousands of online rental listings are allegedly breaking Los Angeles short-term rental laws, according to a report in The LA Times. The city introduced restrictions last year, limiting home-sharing to a person’s primary residence and limiting bookings to 120 days a year, hoping to reduce the impact on housing stock. However, thousands of properties […]