Spain fines Airbnb 64 mn euros for posting banned properties

Spain’s leftist government said Monday it had fined Airbnb more than 64 million euros ($75 million), notably for posting listings for banned rental properties, at a time the country faces a housing crisis. The fine is final, the consumer affairs ministry said in a statement, adding the US holiday-rental giant must “correct the violations by […]

New Airbnb rules in New York limit accommodation options for tourists

Holidaymakers searching for accommodation in New York City will find far fewer options than usual after a clampdown on Airbnb rules. New regulations that came into place on Tuesday effectively ended a free-for-all which was allowing all landlords and residents to rent out their properties to tourists by the week or night. Airbnb says it […]

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