Quantcast
Channel: Singapore
Viewing all articles
Browse latest Browse all 8517

Explainer: URA's new law against short-term home rentals and how it affects B&B services

$
0
0
bnb

It'll be even harder for folks to rent out their places on Airbnb right now, especially after a new legislation was passed in Parliament yesterday to enforce stricter rules against short-term home renters. 

The new law makes it illegal for home owners to rent out entire apartments and rooms for less than six months — this efficiently ensures that you'll be breaking the law if you let folks book your houses on the popular homestay network. Most travellers (and staycation-loving locals) utilise Airbnb to search for rentals, usually for a couple of days or weeks. 

Never six months, though. On average, Airbnb guests usually stay only for a few nights — Berlin records an average of 6.3 nights, Amsterdam has an average of 3.9 nights, while in London, guests stay an average of 4.6 nights.


Viewing all articles
Browse latest Browse all 8517

Trending Articles