Airbnb-style practices targeted with tax proposals

Airbnb-style practices targeted with tax proposals

Proposals currently being pored over to recognise short-term leasing of apartments as a legal business will put pressure on popular homestay groups such as Airbnb.
Airbnb incurs Paris wrath over Olympics partnership

Airbnb incurs Paris wrath over Olympics partnership

Airbnb became a leading partner of the Olympics in a nine-year deal announced on Monday (Nov 18) that drew strong criticism from Paris, host of the 2024 summer Games.
As families flee Paris, fingers point at Airbnb

As families flee Paris, fingers point at Airbnb

The bells will ring for the last time this week at Vaugirard elementary school in central Paris, the latest school in the city to close as spiralling property prices drive families out of the capital.
Paris official seeks to outlaw Airbnb rentals in city centre

Paris official seeks to outlaw Airbnb rentals in city centre

The Paris city council member in charge of housing said Thursday (Sep 6) that he would propose outlawing home rentals via Airbnb and other websites in the city centre, accusing the service of forcing residents out of the French capital.
Proactively taking advantages of sharing economy

Proactively taking advantages of sharing economy

The sharing economy makes the market more competitive, services more diversified, and opens up opportunities for investment and employment.
Startup Luxstay gets $2.5 million funding

Startup Luxstay gets $2.5 million funding

Luxstay announced mobilising another $2.5 million through its Pre-Series A Round from investors including Genesis Ventures, Founders Capital, and Y1 Ventures.
Sharing services thrive amid criticism

Sharing services thrive amid criticism

Internet-based sharing services such as Grab, Uber, and Airbnb have taken Vietnam by storm in 2017. Various legal concerns still linger, but experts believe that the sharing economy is here to stay.