Tag: Airbnb
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New York Restricts Airbnb
The trend of restrictions on Airbnb rentals continues in the US. The popular home-sharing company has had to halt certain reservations in New York City due to new regulations on short-term rentals. These rules aim to put an end to the practice of landlords and residents renting out their apartments for short stays, which has…
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North Devon Looks to Limit Airbnbs
The North Devon District Council in the UK has proposed a rule change to prevent multi-occupancy homes from being rented out as Airbnbs. The goal is to ensure that residents in the area can find suitable accommodation. The council’s strategy and resources committee has agreed on this decision, although there is a split on whether…
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Inflation-Beating Buy to Let Hotspots,
The Daily Mail looks at the figures for returns generated by buy-to-let properties around the UK, and rounds up some of the best. Are you considering investing in buy-to-let property? With rising mortgage rates, challenging regulations, and a less generous tax regime, many landlords are finding it increasingly difficult to make a good return. But…
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Lessons From Britain’s Most In-Demand Airbnbs
The Telegraph looks at Britain’s most popular Airbnbs, and what lessons can be learned from them by Airbnb managers. As the popularity of staycations continues to grow and international travel remains uncertain, tourists are seeking unique and interesting accommodations in scenic locations across the UK. Airbnb has become the go-to platform for finding these unconventional…
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Airbnb, the First 15 Years
In just 15 years, Airbnb has transformed the way people travel and how they find accommodation. What started as a simple idea to rent out air mattresses in a shared apartment has evolved into a global phenomenon, with millions of listings and billions of guests. However, the iconic company has also faced its fair share…
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Edinburgh Short Term Let Controversy Continues
The controversy over short term lets in Edinburgh rumbles on. The Scottish Bed and Breakfast Association (SBBA) has reported that nearly two-thirds of Scottish B&B owners are considering closing their businesses due to new restrictions on short-term lets. The SBBA is urging the Scottish government to postpone the implementation of the licensing scheme, arguing that…
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Airbnbs Could Be Reduced by 80% in Edinburgh
A new licensing scheme for short-term rentals in Edinburgh could result in an 80% reduction in properties available on platforms such as Airbnb, according to a report prepared for the City of Edinburgh Council. The scheme, introduced by the Scottish Government, requires hosts to display energy performance ratings, have adequate insurance, and comply with various…
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Airbnb Controversy in Snowdonia Village
There has been a hate campaign in a village in Snowdonia, aimed at the increasing number of Airbnb lets in the area. A village named Llanberis in Snowdonia has seen a significant rise in anti-Airbnb sentiments as the number of holiday lets nearly doubled. Some locals are showing their frustration by placing stickers with messages…
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UK University Student Accommodation Crisis
UK student accommodation is in short supply and this year’s freshers may be starting term in hotels or bunk beds. Specific Cases: Parent & Financial Concerns: Impacts: Additional Insights: Market Shifts: Final Thoughts: There’s an increasing strain on university student accommodation across the UK. Many students face uncertainty regarding their living situations, with some having…
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“AirBNB Bust” – Will it Spread to the UK?
AirBNB owners are increasingly reporting problems with fewer people interested in hiring their properties – is the problem spreading to the UK? In simple terms, think of the Airbnb market like an ice cream shop. While the shop (Airbnb as a company) might be making plenty of sales, not every flavor (property) will be a…