Two Airbnb hosts fined S$60,000 each for unauthorised short-term letting - todayonline.com
Summary
This article reports that two Airbnb hosts in Singapore were fined S$60,000 each for unauthorized short-term letting. Hosts should be aware of local regulations regarding short-term rentals to avoid substantial penalties.
Key Insights
- •Two Airbnb hosts were fined S$60,000 each.
Action Items
- ✓Check local regulations regarding short-term rentals.Effort: lowImpact: high
Watch Out For
- ⚠Unauthorized short-term letting can lead to significant fines.
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