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Insider UK
Insider UK
National
Peter A Walker

Airbnb host restrictions ‘could cost Scottish economy millions’

Tighter restrictions on short-term lets could cost the Scottish economy more than £100m and see thousands lose their jobs, according to research commissioned by Airbnb.

At the start of the year, Holyrood passed plans to require landlords of Airbnb-style properties to have a licence in a bid to achieve a greater balance between the concerns of communities, and the economic and tourism benefits.

But the plans, which have been welcomed in some quarters, have been criticised and a new analysis has said if councils pursue more complex versions of the rules it could dent to the tune of £133m and see more than 7,000 people lose their jobs.

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