Spain fines tourist let companies posing as family-run rentals

When Airbnb first launched, it aimed to provide a ‘live like a local’ experience, but now the holiday let market is dominated by profit-driven companies rather than hosts offering cultural exchanges. The Spanish government is cracking down on tourist accommodation businesses posing as individual landlords on websites, with fines of up to €100,000 for false advertising practices contributing to the housing crisis in the country.

Full Article