Spain fines Airbnb £56m for unlicensed property ads

1 min read
Source: BBC
Spain fines Airbnb £56m for unlicensed property ads
Photo: BBC
TL;DR Summary

Spain has fined Airbnb €64 million for advertising unlicensed and banned properties, aiming to enforce stricter regulations on short-term rentals to address housing affordability and neighborhood impacts. Airbnb plans to challenge the fine in court, amid ongoing global restrictions on short-term rentals in major cities.

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