Japanese regulators raid Airbnb over suspected antitrust practices

TOKYO (Reuters) – Japanese fair trade regulators raided last month the offices of Airbnb Inc over suspected violations of antitrust laws, the home rental site said on Friday, denying any wrongdoing. FILE PHOTO: A man walks past a logo of Airbnb after a news conference in Tokyo, Japan, November 26, 2015. REUTERS/Yuya Shino/File Photo The […]

‘They are illegal right now’: Kelowna considers Airbnb rules

The City of Kelowna is seeking public feedback as it considers new regulations for short-term rental accommodations like those listed on the website Airbnb. Currently, rentals of less than 30 days are not permitted in any of Kelowna’s residential zones. “They are illegal right now,” said Lindsey Ganczar, community planning supervisor with the City of […]

Mayor Pomraning: Walla Walla ban on short term rentals is about “balance”

WALLA WALLA, Washington — Walla Walla City Council voted to ban short-term rentals that are nonowner-occupied. The vote taken on Nov. 1  was to adopt Ordinance No. 2017-33 in the city of Walla Walla, banning new Type 2 short-term rentals that are non-owner-occupied. According to Walla Walla’s FAQ on the matter on the city government […]

The Coast News Group – Council approves curbs on short-term rentals

Council members approved a new ordinance limiting short-term rentals to a seven-day minimum for a maximum of 28 days a year. Existing properties could have up to two years to adjust before enforcement begins. Photo by Bianca Kaplanek DEL MAR — Despite pleas from almost 30 people during another marathon, 90-minute public hearing to rethink […]

Meet the Airbnb landlords who are making millions

Cape Town skyline. File photo. Image: Gallo Images/ IStock An Airbnb Cape Town landlord is listed as the world’s number three earner with 114 properties. He is reported to have earned R109-million a year, behind a Bali property owner, who earned R223-million with his 504 properties. The top earner was a London landlord, who is reported […]

This man made over $15 million as an Airbnb host — here’s how he did it

Klovovi/Flickr One man has turned his Airbnb gig into a serious source of some side cash.  A man in  London  who has 881 properties across the city has made $15.6 million from all of his properties in the past year,  according to data from AirDNA . When you think of a typical Airbnb host, someone with a spare room in their […]

Toronto Star – City mulls restrictions on Airbnb-style rentals

City mulls restrictions on Airbnb-style rentals Proposed regulations include limiting short-term rentals to principal residence.  Su Alexanian rents rooms in her Kensington Market home on Airbnb. She says she strongly supports the city’s proposed regulations limiting short-term rentals to a person’s principal residence and wants city hall to require mandatory proof at the registration stage.  (VINCE […]

The Real Deal – Airbnb’s “easy growth” may be ending

Barron’s – For Hotels, the Airbnb Threat Could Be Receding Airbnb’s user growth is slowing, according to a recent survey, and that’s good news for both hotel chains and online travel companies alike. A quarter of travelers used Airbnb in the last year, a Morgan Stanley survey found, up from 22% a year ago and 14% […]