News Airbnb agrees to pay €576 million to settle a tax dispute in ItalyThe San Francisco-based company said it was working on introducing new tools for hosts
Profit & Loss Profit & Loss: McDonald’s serves up while losses bite at Eddie Rockets Revealing who is up and who is down as we go inside the world of private Irish businesses
Connected Newsletter Connected newsletter: Wayflyer flies higher as start-up funding figures make for grim reading Connected at the Business Post is your source for the news that matters in technology and innovation, all told from an Irish perspective
Tech Airbnb’s Irish arm reports a 48% rise in revenuesCompany incurred a $15.6 million corporation tax charge in 2022 after generating pre-tax profits of $98.4m
Letter From America Marion McKeone: ScareBnB – how story of Los Angeles tenant from hell gripped the chattering classesThere’s something about this little slice of upscale suburban drama that resonates with anyone who has ever had a dodgy flatmate, tenant or landlord
Companies Airbnb-linked spending in Ireland valued at over €500m International visitors accounted for around three-quarters of all Airbnb-linked spend in the country last year at €401 million
Planning Galway apartments listed for short-term let, despite objections from local councilFirm connected Eugene Keville, the owner of The Western Hotel, has started to list 17 apartments for up to €2,500 a week after receiving planning approval
tourism Airbnb claims crackdown on short-term lets creating ‘fear’ for hostsThe company has opposed several parts of a new government bill that will require hosts to have a licence for short-term lets
Housing No homeowner using Airbnb told Dublin council about rental nights detailsPeople using short-term letting platforms are legally obliged to tell the local authorities how many nights they rented out their properties
Morning Headlines No limit on short-term letting licenses; £6.4m loss at Teeling-backed mining firm The stories you need to read this morning in business, politics and current affairs
Tourism Government places no limit on short-term letting licencesNew licence system set up to regulate sector and return up to 12,000 illegal lets to main residential market
Housing Dublin Airbnb’ers can pay off monthly mortgage faster than European hostsAn analysis of Airbnb rates in Europe showed that a three-bedroom home in Dublin would, on average, get almost €259 a night for being leased out
Plan to curb home rentals on Airbnb delayed until next yearThe ‘blight of trying to get a house will continue for at least another 12 months’ after the government confirmed measures to address short-term letting will not come into operation until 2023
Matt Cooper: No amount of Metaverse guff can distract from Zuckerberg’s failingsThe Facebook founder concentrated on the future in his message to his ‘Metamates’ last week, but the company’s best days may already be behind it
Turnover down 38% at Airbnb’s Irish unit as Covid hits revenueCompany, which has its European headquarters in Dublin, said business ‘declined significantly’ in early 2020 due to the pandemic
Thousands flouting new rules on short-term letsDublin City Council has sent 1,245 warning letters to those advertising illegal lets on Airbnb and Booking.com
Short-term gains from Airbnb costs rental market in the long runA new report has shown that fewer than 800 properties are available to rent outside Dublin, but an investigation by the Business Post has found many more short-term lets are on offer
Government to crack down on Airbnb hosts with raft of new rulesThe measures could return thousands of homes to the rental market around the country