Spain Investigates Airbnb

Spain has launched an investigation into Airbnb, the popular home-sharing platform, for its failure to remove thousands of rental listings. This move aims to regulate a business blamed for worsening housing shortages and raising real estate prices in the country.

The investigation was revealed by Spain's Consumer Rights Ministry, which did not specifically mention Airbnb. However, the company confirmed on Wednesday that it is the focus of the inquiry. Airbnb stated it plans to appeal if found in violation of regulations.

This investigation is part of a broader crackdown in Spain against vacation rentals facilitated by platforms like Airbnb and Booking.com. Many Spanish citizens argue that these platforms contribute to excessive tourism, reduce housing availability, and inflate rental prices beyond what local residents can afford.

Since the summer, the Consumer Rights Ministry has ordered Airbnb to remove thousands of listings identified as "illegal advertising" for lacking tourism use licenses, according to a ministry spokesperson.

After Airbnb did not comply, a disciplinary process began. The platform now faces potential penalties of up to 100,000 euros ($104,940.00) or amounts equivalent to four to six times the profits made from these illegal practices, as stated by the ministry.

If a fine is imposed, Airbnb has the option to challenge it in court.

This article was generated with AI support and reviewed by an editor. For more information see our T&C.