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Barcelona Airbnb host reportedly manages short-term rentals ‘worth £33,000 a day’
Reading Time: 2 minutesBarcelona: A data organisation has found an Airbnb host in Barcelona manages 204 apartments worth €37,721 (£33,369) a day in rental income during the high season. The report by DataHippo, which was commissioned to analyse the tourist apartment industry in Barcelona, revealed the ten biggest hosts in the Spanish city manage 996 apartments between them, […]
Porto opts not to follow Lisbon’s lead in suspending short-term rental licences
Reading Time: 2 minutesPorto: The mayor of Porto, one of Portugal’s largest cities, said in a council meeting the city would not follow Lisbon’s plans to suspend licences for short-term rentals. The situation in the Portuguese capital has persuaded the local government to propose adopting such measures, in which the growing use of short-term rentals by tourists has […]
Real estate developers seeing the benefits of short-term multifamily home-sharing
Reading Time: 3 minutesUnited States: The National Multifamily Housing Council (NMHC) estimates around 65 per cent of recent Airbnb bookings have been in multifamily buildings such as apartments, condos and pop-up hotels. It comes as part of a growing trend where many long-term hosts are renting out their units on Airbnb anyway as the NMHC found that 43 […]
European organisations set up guidelines to help support short-term rentals
Reading Time: 2 minutesEurope: The short-term rental (STR) industry has been the subject of criticism in recent years as the pressure on housing grows in cities worldwide. Both Amsterdam and Paris have threatened to place bans on short-term rental services such as Airbnb in recent months although industry bodies now believe regulators need to better understand how the […]
Hawaii County council advances short-term rental regulation Bill 108
Reading Time: 3 minutesHawaii: The Hawaii County council planning committee has voted in favour of advancing short-term rental regulation Bill 108 to two final council votes. If passed in its current form, the bill will block new non-owner-occupied short-term rentals, limit where they can operate, and require registration with the planning department. The state does not have city […]
Short-term rental homeowners in Jamaica urged to explore hosting liabilities
Reading Time: 2 minutesJamaica: People considering entering the short-term rental market are being warned to explore the liabilities associated with operating such establishments without specific regulations and guidelines. The point was made at the RAJ Symposium 2018, organised by the Realtors Association of Jamaica (RAJ), in partnership with JN Bank. The symposium, held at the Spanish Court Hotel […]
Parliamentary inquiry set up to regulate short-term rentals in Western Australia
Reading Time: 2 minutesAustralia: The Western Australian Labour and Liberal parties have united to set up a parliamentary inquiry into regulation of the state’s short-stay accommodation industry. Tension has grown between owners of licenced short-stay businesses, such as hotels, serviced apartments and bed and breakfasts, and backyard operators who do not have a licence and advertise on platforms […]
U.S. rental firms and property owners fighting to protect future of short-term rentals
Reading Time: 2 minutesUnited States: The rapid growth of short-term rentals in the U.S. is pushing regional governments to rein in the practice but some rental firms and property owners are fighting off the lucrative industry’s threat. It was reported in June that voters in Palm Springs, California, approved a ballot measure overturning restrictions on short-term rentals, and […]
The Agency teams up with leading short-term rental company MadeComfy
Reading Time: 2 minutesAustralia: Real estate agency The Agency has partnered with short-term rental company MadeComfy to provide a short-term alternative for property investors or homeowners who want to maximise their revenues. MadeComfy offers a professional, end-to-end Airbnb management service which manages the whole process, including furnishing and styling, photography, housekeeping, linen provision, maintenance, marketing and looking for […]
Sausalito to vote on overturning ban on short-term rentals through Airbnb
Reading Time: 2 minutesCalifornia: The city of Sausalito is set to overturn its ban on short-term rentals through Airbnb, allowing residents to capitalise on the city’s growing tourism industry. The rentals could also provide an economic boon for the city by generating up to $243,000 in tax revenue annually, according to officials. However, some people fear commercialising homes […]