Feb
13

Airbnb and London’s City Hall clash over accuracy of research showing huge expansion of short-lets

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Research endorsed by Sadiq Khan claims more landlords are switching to ‘professional’ listings on the platform.

Hosts with multiple properties are behind at
least one-third of Airbnb’s listings in the capital – seemingly more evidence that
landlords are spurning the private rental sector for the platform.

New research from City Hall compiled using
analytics tool Inside Airbnb, shows 30% of hosts advertising three or more
listings, with 1% renting out 7,440 properties.

It found the number of Airbnb listings in
London had quadrupled in the last four years; as of May 2019, 80,770 properties
were listed on Airbnb, with 23%, or 11,200, thought to be in breach of the
capital’s legal 90-day limit.

However, Airbnb
says the data is inaccurate and points to its own figures that show in April
2019 there were 60,000 listings in London. A spokesman adds: “It
confuses ‘listings’ – a term used to refer to spare rooms, entire homes, hotel
rooms and other forms of accommodation on Airbnb – with entire homes.”

Local councillors in London have already raised concerns
about scam companies using fake listings and fake reviews.

According to City Hall, properties in the capital listed
on short-term rental sites pocket an average of £109 per night, whereas if they
were rented out to long-term tenants, they would make £58 per night.

A spokesperson for Sadiq Khan, the mayor of London, says:
“Councils are doing their best to find and shut down unlawful short-term lets
in London, but they don’t have enough powers or resources to successfully
prosecute and deter the worst offenders.

“Ministers must take these issues seriously by giving
powers to London to introduce a mandatory registration system for short-term
lets.”

An Airbnb spokesperson says it
is meeting with policymakers, communities and hosts across the country to
co-develop a proposal for a registration system that works for everyone before
presenting it to the Government.

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