Antoni Noguera, the deputy mayor in charge of urban planning announced measures that could see property owners face fines of up to 40,000 Euros for privately renting out their homes.
People who rent out their houses on Airbnb stand to make, on average, less than half of what they charge, new figures based on the company’s data show.
The company, which was founded in 2012, also says it plans to double the number of properties it manages in 2017 as well as further develop its technology platform.
Frustrated after searching for a buyer for two years, the owner of a luxury apartment overlooking London’s Hyde Park decided to rent it out for $1,868 a night.
Those who would previously have rented a room in Mayrhofen’s five-star hotel for the week are now opting for the more flexible Airbnb listing just up the road.
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