Airbnb urges Barcelona to reconsider crackdown on tourism rentals [Yahoo! Finance Canada]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Yahoo! Finance Canada
to rethink a widening crackdown on short-term rentals, arguing that it only benefits the hotel sector while failing to address overtourism and a housing crisis. "The only winner from Barcelona's war on short-term rentals is the hotel industry," Airbnb's head of Policy for Spain and Portugal, Sara Rodriguez, wrote in a letter to Mayor Jaume Collboni sent over the weekend and seen by Reuters. Barcelona city hall did not immediately respond to a request for comment. In June, Collboni announced a plan to shut all short-term rentals by 2028 to contain soaring rents for residents. The measure is being challenged in courts. Airbnb argued in its letter that none of Barcelona's earlier measures that had imposed strict limits on new tourist accommodation licences in the city centre since 2014 proved to be effective. "A decade later, official data shows that while short-term rentals numbers have fallen, challenges related to housing and over-tourism are worse than ever," it said. It
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ABNB
News
- Home rentals group takes Barcelona's ban to EU Commission [Yahoo! Finance Canada]Yahoo! Finance Canada
- Airbnb, Inc. (NASDAQ: ABNB) had its price target raised by analysts at DA Davidson from $125.00 to $131.00. They now have a "neutral" rating on the stock.MarketBeat
- Why Airbnb's CEO supports employee favoritism in the workplace [Yahoo! Finance]Yahoo! Finance
- Why Airbnb's CEO supports employee favoritism in the workplace [Fortune]Fortune
- Airbnb urges Barcelona to reconsider crackdown on tourism rentals [Yahoo! Finance Canada]Yahoo! Finance Canada
ABNB
Earnings
- 11/7/24 - Miss
ABNB
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- ABNB's page on the SEC website