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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.”

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.

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.

Airbnb abandons New York City lawsuit

Airbnb has capitulated to lawmaker demands over its operations in New York City, agreeing to drop a legal challenge against newly passed legislation. The suit disputed a recent state law calling for fines up to $7,500 for illegally listing short-term offerings on online rental platforms such as Airbnb.

Tourist Lets: Government recognizes continued tax evasion

According to the Secretary of State for Tourism, Ana Mendes Godinho, a partnership with the Airbnb platform is in the pipeline to end illegal rentals. It is the hope that such collaboration will greatly reduce Local Lodging tax evasion.

AirBnB to collect Tourist Tax in Lisbon

The Lisbon Municipality has reached an agreement with the principal Local Lodging platform, Airbnb, to levy the one euro Tourist Tax for each night holidaymakers stay in the city with a limit of seven euros.  Airbnb will begin to collect the charge on 01 May. The agreement is in line with the company’s practice in  other major world capitals.

Airbnb dominates Local Lodging market in Portugal

The Local Lodging giant reports that it currently lists 32,000 properties in Portugal. In Lisbon alone, Airbnb offerings surpass 12,000. Of these, 70% are peer-to-peer (a single listing from a sole operator) while the remaining are multiple offerings from commercial operators.

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