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Airbnb acquires New York headquarters for $81.5 million

Airbnb

Reading Time: 2 minutesUS: Airbnb has acquired its first office building in New York City for $81.5 million, signalling a long-term commitment to one of its largest employee hubs despite ongoing regulatory disputes over short-term rentals.

Stricter STR ordinance takes effect in Santa Barbara

Reading Time: 2 minutesUS: Santa Barbara is moving closer to introducing stricter regulations for short-term rentals after the city’s Ordinance Committee voted to send a new proposal to the city council for consideration.

Ireland rolls back proposed cap on short-term rentals

Reading Time: 2 minutesIreland: Minister for Tourism Peter Burke has decided to increase the limit for regulations on short-term rentals from municipalities with populations of 10,000 or more to 20,000. Prior to this change, more than 60 towns and cities would have been affected; now the number is 39. Additionally, more than 50 per cent of STRs in […]