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This article, Singapore decides to keep short-term rentals of private homes illegal in major blow to Airbnb, originally appeared on Coconuts, Asia's leading alternative media company. Want more ...
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Visitors coming into Singapore for short-term visits were also barred from entering and transiting from March 23, 2020 to October 19, 2021. [26] In 2021, visitors arrivals further dipped to 330,059 visitors, which was a 88% decrease as compared to 2020.
9flats is an online marketplace enabling people to lease or rent short-term lodging. The company does not own any lodging; it is merely a broker and receives commissions from both guests and hosts in conjunction with every booking. [2] The site competes with Airbnb. [3] It has over 50,000 members and 30,000 hosts in 104 countries. [4]
The Greek parliament on Wednesday approved a bill increasing a daily tax on short-term rental and hotel accommodation and charging cruise ship visitors a levy to cope with the … NBC Universal 22 ...
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
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