Airbnb regulation deal with London and Amsterdam marks dramatic policy shift
by Nicky Woolf from on (#23WFK)
Under agreement, Airbnb takes responsibility for ensuring hosts follow local rental limits - leading some analysts to express optimism
Airbnb, the startup that has fought tooth and nail to avoid regulation in cities around the world, appears to have reversed its attitude toward regulators in a dramatic change of policy.
In a deal with London and Amsterdam announced this week, the company has agreed to take on the responsibility of policing limits on the number of days per year a full unit can be let through its system, making it the first short-term rental company to cut such a deal.