Spain's government has fined Airbnb 64 million euros ($75 million) for advertising unlicensed tourist rentals, officials said Monday.

MADRID: Spain has fined vacation rental firm Airbnb 64 million euros (US$75 million) for advertising unlicensed tourist rental homes, the Consumer Rights Ministry said on Monday (Dec 15), as the government cracks down on excessive tourism that is driving up housing costs.Spain's leftist government, along with

MADRID (AP) — Spain’s government has fined Airbnb 64 million euros ($75 million) for advertising unlicensed tourist rentals, officials said Monday. The move is the latest government action in Spain against short-term rental companies such as Airbnb and Booking.com as the country grapples with a housing affordability problem, particularly in city centers. The consumer rights […]

Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals.