US EditionSpain Slaps $74M Fine on Airbnb for Illegal Rental Listings – EUROP INFO
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The Spanish Ministry of Consumer Affairs has imposed a fine of 64 million euros on Airbnb for publishing tourist housing advertisements that did not have the corresponding license, among other violations detected by the administration. The resolution is already firm, after the platform filed an appeal that was rejected, according to the Ministry on Monday. Unlicensed announcements, in the focus of the penalty One of the main reasons for the fine…
Spain Imposes A Massive $75 Million Fine On Airbnb
Spain’s Consumer Rights Ministry has imposed a €64 million ($75 million) fine on Airbnb for advertising unlicensed tourist rental homes, escalating a widening crackdown that officials say is meant to ease pressure on housing supply in popular destinations. The ministry said the sanction is tied to more than 65,000 listings that allegedly breached consumer-protection rules, including homes missing mandatory registration numbers or displaying numb…
The Spanish government’s decision to sanction the holiday rental platform with a million-dollar fine for announcing illegal and unlicensed properties has had a great impact on the press throughout the globe. The record amount of 64 million euros stands out, explaining that it is equivalent to six times the
Spain Slaps $74M Fine on Airbnb for Illegal Rental Listings
Spain has imposed a hefty fine of $74 million on Airbnb for listing unlicensed rental properties, marking a significant move in the country’s efforts to regulate its booming short-term rental market. The penalty, announced Thursday, underscores Spain’s commitment to ensuring compliance with local housing laws and curbing the proliferation of illegal listings that have raised [...]
Spain Slaps $74M Fine on Airbnb for Illegal Rental Listings – EUROP INFO
Spain has imposed a hefty fine of $74 million on Airbnb for listing unlicensed rental properties, marking a significant move in the country’s efforts to regulate its booming short-term rental market. The penalty, announced Thursday, underscores Spain’s commitment to ensuring compliance with local housing laws and curbing the proliferation of illegal listings that have raised concerns among residents and authorities alike. This crackdown comes am…
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