Spain slaps Airbnb with €64 million fine - PhocusWire
Summary
Spain has fined Airbnb €64 million. This indicates stricter regulatory oversight in the STR market. Hosts with listings in Spain should be aware of and compliant with local regulations to avoid similar penalties.
Key Insights
- •Spain fined Airbnb €64 million.
Action Items
- ✓Hosts with listings in Spain should ensure compliance with all local regulations and permit requirements.Effort: mediumImpact: high
Watch Out For
- ⚠Failure to comply with regulations can result in significant fines.
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