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Local accommodation turnover down 80%

Local accommodation turnover down 80%
theportugalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theportugalnews.com Daily Mail and Mail on Sunday newspapers.

Pandemic tames Airbnb in Europe s tourist hotspots - for now - Netscape Money & Business

Pandemic tames Airbnb in Europe s tourist hotspots - for now - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

Pandemic tames Airbnb in Europe s tourist hotspots

Pandemic tames Airbnb in Europe s tourist hotspots
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Pandemic tames Airbnb in Europe s tourist hotspots - for now

7 Min Read LISBON (Reuters) - The COVID-19 pandemic has achieved what many mayors across Europe have tried and failed to do: wipe out tens of thousands of Airbnbs from city centres and so help lower rental costs for locals, in some places by as much as 15%. FILE PHOTO: Augusta street is pictured during partial lockdown as part of state of emergency to combat the coronavirus disease (COVID-19) outbreak in Lisbon, Portugal March 30, 2020. REUTERS/Rafael Marchante While Europe’s cities have long welcomed tourists, critics say the surge of properties listed on short-lettings site Airbnb in recent years had priced many locals out of their own housing markets, turning historic neighbourhoods into soulless spaces.

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