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Airbnb toasts “best quarter ever” with revenue exceeding one billion dollars
Reading Time: 2 minutesSan Francisco: Airbnb has said it has had its “best quarter ever” with its revenue taken in during the past three months exceeding a billion dollars. Airbnb said in a memo: “The third quarter of 2018 was the strongest quarter in Airbnb history, and the first quarter in which Airbnb recognized substantially more than $1 […]
Hamburg and Berlin tightening the screw on Airbnb users in their cities
Reading Time: 2 minutesGermany: Governments in Hamburg and Berlin are leading the regulatory charge against Airbnb in the wake of a European backlash against the online rental platform. Hamburg has slashed permitted annual rentals per property from 180 days to 60, while raising fines tenfold. Berlin, meanwhile, has implemented a registration scheme to control Airbnb rentals in which […]
Berlin relaxes Airbnb regulations
Reading Time: < 1 minuteGermany: Officials in Berlin have decided to relax one of Europe’s strictest regimes for short-term rental companies. From May 1, private individuals will be able to rent out their main home without time limitations, while second/holiday homes will be limited to 90 days a year. The change comes after the Berlin administrative court confirmed in […]