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Airbnb to collect vacation tax on properties in Bermuda for extra marketing
Reading Time: 2 minutesBermuda: The Bermuda tourism minister has revealed Airbnb will collect a 4.5 per cent tax on its properties in return for extra marketing. Jamahl Simmons said Airbnb would collect the vacation tax directly from guests when they book a break on the island and then forward the cash to the government. The money will be […]
Amsterdam rental report published by Airbnb amid short-term rental crackdown
Reading Time: 2 minutesAmsterdam: Airbnb has revealed landlords hosted 2.5 million overnight stays via its rental platform in Amsterdam in 2017. The landlords reportedly had 800,000 visitors, who stayed over three days on average – almost twice as long as the typical stay in a hotel or guest house that year, according to the company. Based on such […]
Las Vegas City Planning Commission votes to ban short-term rentals like Airbnb
Reading Time: < 1 minuteLas Vegas: The Las Vegas City Planning Commission has voted in favour of banning short-term rentals such as Airbnb. The final result came in at four votes to three in favour of ban despite testimony from more than a hundred people who said the service was having a positive effect on the economy. One resident […]
Antitrust watchdog in Japan ends inspection into Airbnb operations
Reading Time: < 1 minuteJapan: Japan’s antitrust watchdog has said that it has ended its inspection into the Japanese operations of Airbnb. It said the reason for closing the investigation was that the U.S. home-sharing platform provider had taken appropriate measures to eliminate any suspicions of wrongdoing. The Japan Fair Trade Commission (JFTC) opened the probe because Airbnb had […]
Airbnb opens up free temporary housing for residents affected by Hurricane Michael
Reading Time: < 1 minuteFlorida: Airbnb is opening up free temporary housing for people across Northern and Central Florida in preparation for Hurricane Michael, as part of its Open Homes Program. The programme was rolled out on 8 October in Florida, Alabama and Georgia and is scheduled to be in place until 29 October at the end of the […]
China Airbnb rival Xiaozhu reveals funding of nearly $300 million led by Jack Ma
Reading Time: < 1 minuteChina: Chinese short-term rental firm Xiaozhu.com has revealed it has raised almost $300 million in a funding round led by Jack Ma’s Yunfeng Capital, amid competition from Airbnb and Tujia.com. The company did not disclose its new valuation but said it was worth more than $1 billion last November after clinching a $120 million round, […]
Airbnb facing HMRC enquiries over UK tax activity
Reading Time: 2 minutesUnited Kingdom: Online short-term rentals platform Airbnb is facing enquiries from HM Revenue & Customs (HMRC) about its ongoing tax situation. In a note published on Companies House, the company said it had been contacted by HMRC ‘regarding the application of tax laws or regulations’ impacting its business. This follows the news that the online […]
Las Vegas City Council proposes all-out ban on short term rentals in the city
Reading Time: < 1 minuteUnited States: Las Vegas City Councilwoman Lois Tarkanian is proposing a ban on short term rentals in the city following regular complaints from neighbours of Airbnb host properties. Las Vegas is currently the only city in Clark Country to allow short term rentals rented via online platforms like Airbnb but Tarkanian is now proposing an […]
Spanish Finance Ministry vows to introduce digital tax on Airbnb and HomeAway
Reading Time: < 1 minuteSpain: The Spanish Finance Ministry has revealed plans to introduce a new tax on collaborative economy businesses such as Airbnb and HomeAway. Spanish Finance Minister María Jesús Montero of the Socialist Party (PSOE) said last week that companies whose business model is based on digital platforms will be subject to new tax regulations. She said: […]
Airbnb steps up security measures in crackdown on fraudsters
Reading Time: 2 minutesWorldwide: Airbnb is stepping up security measures to prevent fraudsters using its website to deceive holidaymakers into sending money to scam accounts. The actions came to light last year after numerous families were tricked into transferring payments for seemingly genuine properties to fraudsters who disguising themselves as real property owners. The company has since reported […]