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    Airbnb slump means Europe’s cities can return to residents, say officials

    Home » DB Items » Airbnb slump means Europe’s cities can return to residents, say officials
    Airbnb slump means Europe’s cities can return to residents, say officials

    Airbnb slump means Europe’s cities can return to residents, say officials

    Authorship Stephen Burgen Jon Henley Rory Carrol
    Date 9 May 2020
    Source The Guardian
    Tags
    Covid19
    Housing
    Policy
    Content Type
    Press
    Description

    Airbnb hosts, as they are known, are wringing their hands over the collapse of the travel industry and their loss of income, and many city authorities are rubbing theirs at the prospect of thousands of holiday lets returning to the traditional rental market. The Airbnb hosts are now turning to the conventional rental market, with hundreds, possibly thousands, of apartments being offered in Spanish cities for short lets of up to a year, clearly with an eye to a recovery in 2021. However, short lets are only legal for people who have to move temporarily to the city for work. As no one is allowed to move anywhere at present such rentals are likely to be illegal but for many residents, who believed the city was irrevocably lost to mass tourism, there is hope.

    Photo: Franck V.

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