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The Latest Breaking News from Airbnbs

Airbnb is fundamentally broken, its CEO says

Airbnb Inc CEO Brian Chesky hasn’t had an easy 2023. First there was the “Airbnbust” frenzy in March, in which hosts took up arms on Twitter (now X) about shrinking profit margins and a potential short-term rental bubble. Then competitor Vrbo beat Airbnb to a feature that customers have long…

The Times of India

New York is breaking free of Airbnb’s clutches. This is how the rest of the world can follow suit

The company is calling it a ‘de facto’ ban – and it could reshape the housing market in residents’ favour, says author Anna Minton

The Guardian - UK

Why these Canberrans think short-stay rentals are good for the economy

'We're actually increasing the supply of accommodation.'

The Canberra Times

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Afternoon Update: PM says yes vote chance to unite nation; Melbourne’s ‘soft’ crackdown on Airbnbs; and major drone attack hits Russia

Anthony Albanese announces 14 October as date for Indigenous voice to parliament referendum

The Guardian - AU

I've Stayed in Over 200 Hotels, Airbnbs, and Hostels—These Are the 10 Best Hotels in the World Right Now

The boltholes I’m *always* dreaming of returning to.

Marie Claire

Airbnb employee says returning to office would be a 'hard sell' after Work From Anywhere travel

Traveling through three countries in five months with her husband and baby gave Bergen Kay more energy than ever to put back into her work.

Fortune

Angry locals living in West Country's most picturesque village slam 'inconsiderate tourists' and drones

"I always feel a bit like 'get off my land'. It can be intrusive with people running up and down"

Bristol Post

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Inside UK's 'most beautiful village' where locals are desperate to leave

It's been dubbed 'one of the most beautiful locations in the UK', but not all locals welcome the boost in tourism. Georgina Kingshott just wants visitors to 'get off her land'

Daily Mirror

Furious villagers say community is being ruined by tourists: ‘It was great during lockdown’

‘If I didn’t run a business from here we wouldn’t want to stay here,’ one Castle Comb resident says

The Independent UK

Airbnb revenue 'down by 50 per cent' sparking huge housing market crash fears

One real estate expert has revealed that Airbnb's unfolding profit crisis is likely to cause a housing crash "on par with the 2008 subprime crisis" in some cities

Daily Mirror

Students claim they had to flee their mouldy rented house after the ceilings collapsed twice

A lettings agency has suggested one or more of the students was to blame for the leaks, a claim the occupants deny

Wales Online

'We bought an old Nationwide bank and transformed it into a stylish Airbnb'

Louise and Ben converted the 1860s Grade II listed building in Bury town centre, which now hosts two rental suites as well as a record and coffee shop

Manchester Evening News

What Airbnb's CEO learned about leadership after living in rentals for 6 months

Airbnb CEO Brian Chesky spent the year hosting guests and renting Airbnbs. Here's what he learned.

Fortune

Landlord who told tenants he was selling refused planning permission for Airbnb

The landlord has also been issued a four-weeks cessation notice after Dublin City Council deemed this as “unauthorised use of the property”

Dublin Live

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The Guardian - UK

Huge growth and ethical concerns make Airbnb users think again

The site’s success has led to it being accused of swamping tourist hotspots with short-term lets and forcing out locals

Pedestrian.tv

A Woman Found A Sneaky Spy Camera In Her Airbnb I’m Highkey Never Leaving My House Ever Again

“Anyway, does anyone know if we can sue or like what do we do now because that's kinda creepy TBH."

Daily Mirror

Couple built cosy pod in just 10 days - now it's one of the UK's most popular Airbnbs

Interior designer Amanda Markham and her architect husband Roderick James built a home which was the most wish-listed Airbnb rental in the UK in 2020 and secures bookings over a year in advance

Manchester Evening News

'We built a canal boat as a side hustle - now it's one of Manchester's top-rated Airbnbs'

Best friends Erin and Harry designed their own 70-foot canal boat with the idea to create a unique, millionaire yacht-style stay

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Reuters

Young Portuguese defer dreams as housing crisis bites

((This March 21 story has been corrected to fix rent cost and clarify view of interviewee in paragraphs 28 and 29) )

Liverpool Echo

Mum and daughter transform homes into Airbnbs

Jill and Zoe have turned a hobby into a full-time job

Edinburgh Live

Germany, Portugal and Spain travel warnings issued to Edinburgh holidaymakers

A number of warning has been issued to those looking to jet off to popular holiday destinations, from tourist restriction, accommodation issues and strike action potentially impacting plans.

Daily Mirror

Portugal to start major crackdown on Airbnb and other holiday rentals

Portuguese Prime Minister Antonio Costa has introduced measures to encourage landlords to convert their holiday homes while banning all new licenses for Airbnbs

Reuters

Portugal ends Golden Visas, curtails Airbnb rentals to address housing crisis

(This Feb. 16 story has been corrected to make clear that the scheme offers residency rights, not an EU passport, which golden visa-holders can apply for after five years, in paragraphs 9 and 11)

The Guardian - UK

Airbnb feels like staying with a cheap, uptight friend – then paying for the privilege

Once, it seemed an economical and adventurous alternative to a hotel. But I doubt I’ll be using it again

Los Angeles Times

Destination or gentrification? A sleek new arena opens in the Coachella Valley

LOS ANGELES — For three weeks in April, the Coachella Valley is the center of the world for live music. Its flagship event, Goldenvoice's Coachella Valley Music and Arts Festival, along with its country music cousin, Stagecoach, draw hundreds of thousands of fans to see an expertly curated assortment of…

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