Spain fines Airbnb $75 million for unlicensed tourist rentals
By AP Staff
FILE - Banners against tourist holiday rentals hang on the facade of a building in downtown Madrid, Spain, Tuesday, June 3, 2025. The writing in Spanish reads: "More neighbors, fewer tourists. Tenant power," and "Looking out for each other as neighbors, stirring things up." (AP Photo/Manu Fernandez)
MADRID (AP) — Spain’s government has fined Airbnb 64 million euros ($75 million) for advertising unlicensed tourist rentals, officials said Monday.
The move is the latest government action in Spain against short-term rental companies such as Airbnb and Booking.com as the country grapples with a housing affordability problem, particularly in city centers.
The consumer rights ministry said the rentals didn’t include license numbers — a requirement in many regions in Spain — or listed license numbers that didn’t match what authorities had. Other had incorrect information about hosts, it said.
Airbnb said that it plans to challenge the fine in court. The company said it was working with Spanish authorities to comply with a new national registration system for short-term rentals, and that more than 70,000 listings on the platform had added a registration number since January.
Spain’s leftist government and many Spaniards across the political spectrum see short-term rental companies as bearing responsibility for driving up housing costs.
The nation on the Iberian Peninsula is one of the world’s most visited countries and short-term holiday rentals have cut into many cities’ stretched supply.
“There are thousands of families living on the edge because of the housing crisis, while a few enrich themselves with business models that evict people from their homes,” Spain’s consumer rights minister, Pablo Bustinduy, said Monday in a statement.
In May, the consumer rights ministry ordered Airbnb to take down around 65,000 listings because of rule violations.
In 2024, Spain’s anti-trust watchdog fined Booking.com 413 million euros ($448 million), saying the the online travel company had abused its dominant market position in the country over the previous five years.
Local authorities in Barcelona have said they plan to phase out all of the 10,000 apartments licensed in the city as short-term rentals by 2028 to safeguard the housing supply for residents.
The end of 2025 is almost upon us. And it’s time to unpack Spotify Wrapped. On Wednesday, the music streaming giant delivered its annual recap — giving its hundreds of millions of users worldwide a look at the top songs, artists, podcasts and other audio they listened to over the past year. Spotify isn’t the only platform to roll out a yearly glimpse of data collected from consumers’ online lives. But since its launch about a decade ago, Wrapped has become one of the most anticipated. And Spotify is billing the 2025 edition to be the biggest yet, with a host of new features it hopes may also address some disappointments users had last year.
Elon Musk’s X unveiled a feature that lets users see where an account is based. Online sleuths and experts quickly found that many popular accounts, often posting in support of the U.S. MAGA movement with thousands or hundreds of thousands of followers, are based outside the U.S. This raises concerns about foreign influence in U.S. politics.
The Enhanced Games is going public in two ways — with a new listing on the Nadsaq stock exchange and also by offering a direct-to-consumer business focused on performance products.
Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of Justice.
2025’s top Black Friday tech deals from smart speakers to wearables. Tom’s Guide editor Kate Kozuch shares expert picks and tips for smart holiday shopping.
Computer chipmaker Nvidia is poised to release a quarterly earnings report that is expected to either deepen a recent downturn in the stock market or prompt an ebullient sigh of relief among investors increasingly worried the world’s most valuable company is perched upon an artificial intelligence bubble about to burst.
Phoebe Gates and Sophia Kianni introduce Phia, a fashion tech startup that helps users find price comparisons and discover alternative options for apparel