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Airbnb agrees to limit private rentals in London, Amsterdam

SeattlePI.com Thursday, 1 December 2016
THE HAGUE, Netherlands (AP) — Airbnb will start enforcing limits to private home rentals in two popular European cities on the home-sharing platform, London and Amsterdam, the company said Thursday. In London, a typical Airbnb host earns 3,500 pounds ($4,408 ) by sharing their space for 50 nights a year. Since the company launched in 2008, when the co-founders invited travelers to sleep on an air mattress in their San Francisco loft, Airbnb has grown to be one of the world's most valuable private startups by collecting fees when private hosts rent out accommodations listed on the site.
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News video: Airbnb is Limiting Rentals in These Two Cities

Airbnb is Limiting Rentals in These Two Cities 01:05

Airbnb will limit the number of nights a host can rent a property throughout the year in Amsterdam and London. Maria Mercedes Galuppo (@mariamgaluppo) has more.

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