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Hospitality survey reveals Airbnb penetration down to ‘creative class’ and distribution
Reading Time: 2 minutesUnited States: Since 2008, Airbnb has grown exponentially as a vacation rental platform into the world’s second most valuable hospitality provider after Marriott. It now counts over 3,000,000 listings in more than 65,000 cities across the world, however critics argue its rapid growth has been accelerated by a lack of regulation. While this has led […]
Working with Dragons: Fran Milsom, The Air Agents
Reading Time: < 1 minuteFran Milsom, co-founder of London rental management company The Air Agents, talks to STRz about expansion, distribution and working with investors from the BBC’s Dragon’s Den.
Airbnb commits to clarifying its pricing and terms of service for the EU
Reading Time: < 1 minuteEurope: Airbnb is to modify its terms of service to better inform consumers of their rights and list its prices in a more transparent way. EU commissioner for justice Vera Jourova called on the San Francisco-based short-term rental accommodation website to make the changes as it has been breaching EU rules by not differentiating between […]
Tax authorities to crack down on Irish Airbnb hosts
Reading Time: 2 minutesIreland: The Revenue Commissioners is set to crack down on homeowners listing their properties on Airbnb after Airbnb revealed details of tax payments made to its customers from 2014 to 2016. Tax authorities are writing to 12,000 homeowners as a reminder to ensure they include their rental income on their tax returns and will follow-up […]
Colorado state set to raise property tax rates for short-term rentals
Reading Time: 3 minutesUnited States: A proposed bill in Colorado which would make owners pay commercial property tax rates for every short-term rental is awaiting approval from the Alternatives to the Gallagher Amendment Interim Study Committee. Fire stations, libraries and other public services in rural areas may be facing steep budget cuts but one group is looking to […]
Vacation home buyers prioritising profit over personal use
Reading Time: 2 minutesUnited States: Vacation home buyers are, for the first time ever, prioritising rental income over personal use in the United States, according to research from Savills and HomeAway. The Savills World Research survey, which was carried out between February and March this year, surveyed 4,300 property owners who list their vacation homes on HomeAway’s sites […]
Airbnb agrees Ontario hotel tax deal
Reading Time: < 1 minuteCanada: Airbnb has announced agreements in several cities in Ontario, including Greater Sudbury, Mississauga and Brockville, which will allow short-term rental hosts to collect a four per cent hotel room tax. Under the deal, the tax will apply to hotels, motels, bed and breakfasts, online travel sites and short-term vacation rentals rented through Airbnb, which […]
Dublin Airbnb hosts face proposed regulations to cut down on short-term lets
Reading Time: 2 minutesIreland: Property management companies are listing short-term rental properties based in Dublin on leasing websites before regulations targeting Airbnb come into effect. The move to list properties on sites such as Booking.com and Expedia follows on from a similar effort by property owners in other cities, including London and Toronto. The planned regulation of Dublin’s […]
Sharp drop in Reykjavik apartments being listed on Airbnb
Reading Time: < 1 minuteIceland: There has been a significant drop in the number of apartments in the Icelandic capital of Reykjavik being listed on Airbnb, according to City of Reykjavik data. At the end of February this year, 3,852 apartments in the municipality of Reykjavík were registered on Airbnb but by the end of August, that number had […]
Airbnb opens experience hub in Los Angeles
Reading Time: 2 minutesUS: Airbnb has opened a second office in Los Angeles as a base for its Experiences team. The new office will be part of the more than 30 Airbnb regional offices around the world and will initially be home to some 40 new employees. The company says the opening is the start of “a broader […]