NALLE

Airbnb generates more than one billion Euros in Portugal in 2016

The online hosting platform generated €1.07 billion in Portugal last year, almost half in Lisbon. Airbnb said that this figure accounts for “all the money that Airbnb guests spend during their stay as well as the amounts that hosts with ads on the platform earn in their hosting activity.”

Becoming an Airbnb “Superhost”

With more than 140 million guest arrivals to date, Airbnb has proved a boon for hosts and an attractive option for travelers looking for a hotel alternative. In the process, you can earn the classification of a Superhost, which means that you have hosted many guests and consistently received five-star reviews. This is a selective group; only about 7 percent of hosts earn the title of Superhosts. (more…)

Airbnb generates more than one billion Euros in Portugal in 2016

The online hosting platform generated €1.07 billion in Portugal last year, almost half in Lisbon. Airbnb said that this figure accounts for “all the money that Airbnb guests spend during their stay as well as the amounts that hosts with ads on the platform earn in their hosting activity.”

Forced tax collection to reach €1,100 million in 2017

Forced tax collection should allow the AT (Tax Office) to collect 1,100 million euros throughout 2017. To reach this aim, the “AT” is reinforcing automatisms and computer applications in order to be able to monitor more effectively the progress of processing tax debts. This represents a decrease from previous years since overdue taxes have also diminished.

Hotel group leader supports Local Lodging

In an interview with the “Jornal de Negócios” and “Antena 1“, the president of the Pestana group, José Theotónio, declared that: “Airbnb, Local Lodging and hostels are all welcome. They represent competition but are necessary to build Portugal as a cosmopolitan and sustainable tourist destination.” This statement signals a significant turn-around in the tradition hostility voiced by the hotel industry towards peer-to-peer holiday lettings.

Tourist lets only with licensed properties

As of 01 July, online letting platforms such as AirBnB and Booking can only list properties duly  licensed in the National Tourist Registry. The obligation to enroll is part of a simplex initiative known as “Simpler Tourist Licenses”. With the new regulation, the Government intends to avoid unfair competition between property owners and tour operators as well as strengthen compliance.

Tax Office to offer direct debit

The Tax Office (AT) is working on a system which will allow taxpayers to pay their taxes by direct debit with a simple payment order. This “Simplex” measure should be available by the end of 2017. The expectation is that the “IUC” road tax and the “IMI” property tax will be the most likely candidates for this method of payment. They are the basis  of many fines for delays due to taxpayer forgetfulness

Local Lodging continues to grow in Lisbon and Porto

Lisbon and Porto saw the number of properties registered in the local housing increase by 3,400 and 1,300 respectively in 2016. In a new trend, the largest growth took place outside of the historical neighborhoods, where the supply doubled. Lisbon closed 2016 with 6,800 registrations, twice as many as it had in 2015. Of the 13,000 new registrations nationwide, many were due to legalization of irregular situations that already existed rather than brand-new offerings.

Local Lodging (“AL”) is the source of livelihood for 60% of Lisbon owners

In almost two-thirds of cases, Local Lodging (“Alojamento Local”) is the main economic activity for Lisbon homeowners who choose to let holiday accommodations to tourists. This is one of the conclusions of the study on “AL” offerings in the Portuguese capital that was developed by the Higher Institute of Labour and Business Sciences (ISCTE). According to the same study, almost 86% of “AL” offerings are in apartments.

Airbnb studying entry into the long-term rental market

The holiday accommodation platform, Airbnb, is interested in offering long-term lets to help its customers base find homes to live in. This initiative builds on the company’s already existing experience. Since 2011, Airbnb has included a sub-lease section on its website in more than 5,000 cities, listing houses and apartments for rent by the month.

May 2017
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