Airbnb
Belgium canal city of Bruges hits 'red line' with tourist crowds
Inhabitants of Belgium's cobblestone-and-canal city of Bruges are clear: Summertime tourism has hit capacity.
"It's really reached a red line now," says one, 55-year-old architect Arnout Goegebuer, as he sits inside a cafe, peering out a window across a packed outside terrace.
"We don't need more tourists anymore, it's enough - maybe a little bit less" is needed, he says.
Attempts being made to limit Airbnb rentals
Fifteen years on from its founding, rental platform Airbnb is making record profits while authorities across the world are coming up with a variety of regulations to keep it from further disrupting the housing market and property owners using the platform are trying to skirt those rules.
Estimates for third-quarter profits range from $3.3-3.4 billion.
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Hotels 'gravely affected' by rise of short-term rentals: Expert
The soaring demand for short-term rentals is gravely affecting the performance of hotels, which has necessitated the need for new regulations and taxes on short-term rentals recently proposed by the Culture and Tourism Ministry, a tourism sector representative has said.
Amazon joins tax battle too
The supply of data to tax authorities from digital platforms on the sale of goods and services has already been implemented in Greece in recent years.
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Greeks turn to Airbnb for vacations as well as remote working
The increase in Greek travelers' interest in short-term rental accommodation through the Airbnb platform appears to be steep.
Searches by Greek users for accommodation this summer have recorded a rise of more than 70% compared to last year.
Property owners turn to short-term rentals amid rent cap
Property owners are increasingly turning to short-term leasing as a result of the recent extension of the annual rent increase cap, as the figures fall far below market value.
AADE probes internet data
Online transactions and new technologies facilitate the work of the audit mechanism to curb tax evasion.
Online information retrieval platforms such as Booking.com, Airbnb, food delivery platforms and courier services provide auditors with new valuable information.
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Short-term rentals see demand soar 42% this summer
A significant increase in the supply of short-term rental accommodation was recorded ahead of the peak summer tourist season, which already bodes well for 2023.
According to data presented by AirDNA, based on bookings made through the Airbnb and VRBO platforms up to early June, demand growth for the May-October period is forecast to exceed 42%.
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Islanders outnumbered by visitors
The sustainability of tourism on the Greek islands is being questioned as the number of tourist beds is as much as three or four times greater than the number of permanent residents.
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Focus on short-term rentals
Pressure is mounting on short-term rental hosts, as the tax administration and the big three platforms (Airbnb Ireland UC, Booking.com BV, and VRBO Expedia Group Vacation Rentals Ireland Limited) near the conclusion of a new protocol cooperation that will lead to identifying those who avoid declaring the incomes they receive.
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