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Spain's consumer rights ministry said on Wednesday Airbnb has withdrawn the 65,000 listings for holiday rentals it said violated existing rules back in May.
In the latest trading session, Airbnb, Inc. (ABNB) closed at $136.84, marking a -3.74% move from the previous day.
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The travel industry is a lucrative but tricky realm in which to do business. This is especially true when it comes to short-term rentals.
Airbnb has long been a top choice in the travel rental market, but 2025 may shake things up a bit.
Airbnb wants to become the everything app for travel, but the economics of travel experiences are tougher.
Airbnb, Inc. (ABNB) closed the most recent trading day at $141.62, moving +1.28% from the previous trading session.
SAN FRANCISCO , July 23, 2025 /PRNewswire/ -- Airbnb, Inc. (NASDAQ: ABNB) today announced that the company's second quarter 2025 financial results will be released after market close on Wednesday, August 6, 2025. The company's shareholder letter will be made available on the Airbnb Investor Relations website at https://investors.airbnb.com.
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OCEAN CITY, NJ — In a 4-3 vote, Ocean City Council approved implementing a 3 percent occupancy tax on rental properties booked through the transient marketplace, meaning rentals like Airbnb and VRBO. That tax, paid by the renter, would help generate additional revenue for the city, supporters of the ordinance said. But its opponents said it would be squeezing families in an already difficult economy. This is the second time council has tried to implement such a tax. Read more: Rental Tax To Be Revisited In Ocean City "Most of our other surrounding towns have a fee similar to this," said Councilman Dave Winslow. "You go to Cape May, you go to Wildwood, you go to Somers Point, you go to Disney World. You go to a lot of other places, you go to Atlantic City. They have a fee, and they haven't seen a detrimental effect on their housing market." Winslow estimated $1.8 million in revenue for the first year with this new tax. Councilman Jody Levchuk, who is in the rental business, supported