Spanish court order Airbnb to pay €64M fine and refuses to suspend sanction
4 hours ago
- #Tourism
- #Spain
- #Airbnb
- Madrid’s High Court refuses to suspend a €64 million fine on Airbnb by Spain’s Consumer Ministry.
- The fine is for illegal holiday rentals and misleading ads; Airbnb must pay while appealing.
- Airbnb’s request for interim measures to halt payment was rejected by the court.
- The fine was issued for listing unlicensed properties, false registration numbers, and lack of accurate host information.
- The fine amount is six times the illegal profit made from these practices.
- Spain and other European countries are tightening rules on short-term rentals to address housing crises.