U.S. markets closed
  • S&P 500

    4,283.74
    +9.70 (+0.23%)
     
  • Dow 30

    33,999.04
    +18.72 (+0.06%)
     
  • Nasdaq

    12,965.34
    +27.22 (+0.21%)
     
  • Russell 2000

    2,000.73
    +13.41 (+0.68%)
     
  • Crude Oil

    90.38
    +2.27 (+2.58%)
     
  • Gold

    1,772.20
    -4.50 (-0.25%)
     
  • Silver

    19.46
    -0.27 (-1.37%)
     
  • EUR/USD

    1.0092
    -0.0088 (-0.87%)
     
  • 10-Yr Bond

    2.8800
    -0.0130 (-0.45%)
     
  • GBP/USD

    1.1934
    -0.0117 (-0.97%)
     
  • USD/JPY

    135.8700
    +0.7800 (+0.58%)
     
  • BTC-USD

    23,404.30
    +78.50 (+0.34%)
     
  • CMC Crypto 200

    558.74
    +1.01 (+0.18%)
     
  • FTSE 100

    7,541.85
    +26.10 (+0.35%)
     
  • Nikkei 225

    28,942.14
    -280.63 (-0.96%)
     

Airbnb’s British Invasion Faces Potential Backlash

·4 min read
Airbnb’s British Invasion Faces Potential Backlash
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Bears worry that Airbnb faces a different problem: Demand growth will require the right balance of hosts. A 2020 report by macroeconomics research consulting firm Capital Economics showed London listings quadrupled on Airbnb between 2015 and 2019. While data from AirDNA show the U.K. accounted for less than 6% of Airbnb’s global active listings as of May, RBC analyst Brad Erickson wrote this past week that the government’s review of the industry could lead to taxes on short-term rentals or limits to short-term rental capacity in select areas.