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Budapest district narrowly votes to ban short-term rentals from 2026 [Yahoo! Finance Canada]

Expedia Group, Inc. (EXPE) 
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
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could have wider ramifications for the housing market in one of Europe's most popular tourist destinations. Eurostat figures show almost 719 million guest nights spent in the European Union were booked via online platforms Airbnb, Booking, Expedia Group and Tripadvisor last year, with Paris leading EU capitals with over 19 million guest nights. Within central Europe, Budapest was the most popular for short-term stays with 6.7 million guest nights, ahead of Vienna, Prague, Warsaw, Krakow and others. Results published on the Budapest district's website early on Monday showed 54% of voters backing the ban with 20.52% turnout, which the district said was well above levels seen at other local initiatives. "The majority of YES votes signals that residents of the district value the peace of their home more than lost revenue," the local council said in a statement. District mayor Tamas Soproni has said the city's popularity has justified asking locals about the impact of short-term Show less Read more
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