One Of Europe's Hottest Vacation Destinations Bans Short-Term Rentals [Yahoo! Finance]
Expedia Group, Inc. (EXPE)
Last expedia group, inc. earnings: 2/13 04:01 pm
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Source: Yahoo! Finance
However, the downside of the short-term rental boom has been a rapid increase in rents that most city residents can't cope with. That's why Mayor Jaume Collboni announced Barcelona will enact a complete ban on short-term rentals beginning in 2029. The announcement, reported by Bloomberg News, may seem like a drastic step, but Barcelona's residents and city government believe they are in a drastic situation. Spain's leading rental website, Idealista, reports that rents in the city are up 14% in just the last year. This makes Barcelona one of the most expensive cities in Spain to live in, and many frustrated residents are blaming the prevalence of short-term rentals for the price spike. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it Elon Musk has reportedly bought 6,000 acres of land just outside of this city. Here's how to invest in its growth before he floods it with new tech workers. A lot
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EXPE
News
- If EPS Growth Is Important To You, Expedia Group (NASDAQ:EXPE) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- Here's Why The Brown Capital Management Mid Company Strategy Decided to Sell Expedia Group (EXPE) [Yahoo! Finance]Yahoo! Finance
- Travel Industry Professional Women Gather for Third Annual Women in Travel THRIVE at HSMAI Day of Impact 2024 [Yahoo! Finance]Yahoo! Finance
- Vacation Rental Market to Reach $159.43 Billion by 2033; Surge in Spending on Travel & Accommodation to Propel Growth [Yahoo! Finance Canada]Yahoo! Finance Canada
- Vacation Rental Market to Reach $159.43 Billion by 2033; Surge in Spending on Travel & Accommodation to Propel Growth [Yahoo! Finance]Yahoo! Finance
EXPE
Earnings
- 5/2/24 - Beat
EXPE
Sec Filings
- 6/27/24 - Form 8-K
- 6/18/24 - Form 11-K
- 6/4/24 - Form 4
- EXPE's page on the SEC website