Barcelona will eliminate ALL tourist apartments in 2028 following local backlash: 10,000-plus licences will expire in huge blow for platforms like Airbnb
Air BnB is destroying the housing market in my area. That said, it’s exposing a demand for something that doesn’t otherwise exist. In addition to hotels, people also want to be able to rent larger spaces, with a kitchen so they don’t have to eat out every night, and multiple bedrooms so the adults don’t have to go to bed at the same time as the kids. Hotel developers should be taking notes.
You're completely correct on the exposed demand issue. I would also add that in most cities (in the United States anyway) hotels can only exist in very specific corners of the city due to zoning, often in just three places: downtown (expensive!), the suburbs (so not even in city limits), and "motel alley" (which is usually an old highway in askeevy part of town lined with mid-20th century fleabag accommodations that are slowly being abandoned/bulldozed). For some cities this isn't an issue, but in others it's a problem for accessing the tourist attractions, especially if the tourists in question don't have a rental car. Then there are the non-tourist visitors to consider: if you're in a city to visit family, you're probably going to want to stay as close to them as possible. Same with a lot of business travelers. This is a bit of a conundrum when the nearest hotel (or affordable/decent hotel) is a 30 minute drive away.
They are also, guess what, as expensive as a hotel. What was airbnb? Cheap. In the end it does come down to the money because it used to be a big difference between some apartments offered on airbnb vs hotels. Nowadays this got smaller, since airbnb raised fees and whatnot.
I haven't had any issue finding those amenities in hotels in Europe (at least in Berlin, Munich, Madrid, and Málaga, which is not an exhaustive study by any means). I've seen a few that look to be entire small apartment buildings converted into hotels, which isn't great for the local housing market, but all the ones I've stayed at were clearly built for that purpose. So that's the good news, I guess.
When I vacation in Europe I stay in apart-hotels that have space, kitchenettes, etc. Just stayed in one in Munich a week or two ago even.
They exist in Europe like most nice things that make sense do… not in the USA though. Our hotels suck, the only other option is airbnb of someone’s home which is often OVER equipped and sized for short stays.
We need an in between but I don’t see it being made due to our awful zoning law issues and if they were to exist they’ll likely be overpriced
Obviously it's the landlord who do it for profit. It's not like the tourist just came to the city and shove the residents out of their own home or something like that.
All this would do is shift the profits to hotel chains. The rent will never go down and the landlord will never sell.
I guy I work with owned two condos in a development. The HOA passed a rule banning short term rentals. There were a lot of units being advertised on Airbnb and similar services so he put them on the market when he heard the rule was being proposed to beat the rush.
He managed to sell one at market but the second one didn't sell before all the other Airbnb landlords listed their places too. He had to take about 10% below market for the second one.
Now those two places are owner occupied, and one of them got a nice deal (I don't know about the ones sold by other people). And everything that sold in that area probably went for a little less for a while due to the glut on the market.
Making renting less profitable works. People aren't landlords because it's fun. They do it for the money. Take away the money and you have less landlords.
Air BnB makes short term rentals profitable, a lot of people own property on debt and pay it with airbnb profits, if that dries up, they will sell. They'll have to. Hotels are one of the most significant sources of tax revenue in tourist locations, airbnb offer lower prices because they circumvent the tax system and don't pay a tax rate similar to hotels, the government wants the tourist at hotels. Period.
Back when there were "mom and pop" AirBnb, maybe this was a bad thing. Now, a huge number of rentals are owned by companies with big portfolios specializing in short term rentals.
It's become a really big problem in certain cities.
On the other, I've lived in buildings with AirBnBs and they're a scourge. The owners and renters of short term rental properties are mostly (not all) awful - residents should be owning property, not spoiled rich landlords eating up space for tourists. Fuck AirBnB.
I also visited Spain last month and I've never felt so unwelcomed in my life while in Barcelona and would never go back, so I guess the anti-tourism is working 😂
I can understand that locals are revolting around the world. The amount of tourism exploded in the last decades. The way tourists are behaving all around doesn't help.
It depends on the city really. I find that some cities hotels are just a way better value but other time air b and b can be good. Like for cabins and beach houses for example.
Depends on the location and the number of people in your party. Sometimes it does work out cheaper to rent an apartment or even a house instead of several hotel rooms. Kitchen space is always a boon, I'm rarely impressed by overpriced restaurant fare and prefer to cook for myself when possible. It can also be helpful if you're traveling with pets.
Airbnb sometimes offers a good user experience but it's not hard to understand that Airbnb is not benefiting the city's population. And I really don't mind going to a hotel. Actually I prefer it since I have a better idea of what to expect. Good for Barcelona, let the world follow their example!
I think it can benefit in certain situations. Like when we traveled to a European country we stayed in an AirBnB that was being rented out while the family who lived there was in summer vacation. So they essentially got to subsidize their vacation with Airbnb.
As far as units that are permanently Airbnb style short term rentals though I agree. Terrible for the actual residents in the city.
2028... so plenty of time for appeals and there will be basically no downward pressure on the housing market there since there is no big rush to offload 10k units that won't make money.
It's too bad, would have been better if they just revoked it immediately and banned it in the city.
most places in the world require that you have a license for tourist renting. In theory, they inspect each unit before giving the license, to make sure it is safe. And in theory airbnb requires that license before allowing you to list on their site.
If you don't have the license, you get fined, same as if you opened a store without stablishing a formal company
Yeah sure airbnb will be affected but i dont believe the blow to them will be as big as for the homeowners in Barcelona who offer their homes for rent through airbnb
Airbnb will do just fine without Barcelona. Not even sure they will notice, to be fair!
They won't do just fine if everywhere starts doing this, and homes can actually go to residents, and not shit bag Airbnb landlords. Anything that keeps the investor class out of real estate is a good thing.
It's going to hurt small time renters. I stayed in an AirBNB in 2013, it was rented out by a lovely family. It was a fantastic experience, staying in a nice neighborhood off the beaten path. We stayed for a few months, too, and we were respectful, not puking all over the place etc. A lot of locals invested in furnishing rentals for AirBNB. At least, that was the scene 9 years ago. No idea what it's like now.
I had a good time in an Airbnb years ago, too, but it's gotten more expensive over time. It's not even that much cheaper than hotels now whenever I check.
And we have to admit that while they serve tourists like us, it's costing locals their chance to get housing when landlords are buying up units and houses and saving them all to rent out on Airbnb.
I worked for a low income apartment complex that started doing AirBnB. It's already a 2-3 year waiting list to get a rent controlled low income apartment but they were taking units off the market because they could make more money renting them by the night.
I don't expect it will even reduce tourism that much, at least not in the long term. Barcelona is one of Europe's most famous cultural centres. People will still want to go. They just need enough hotels to get set up to handle them