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Pandemic tames Airbnb in Europe's tourist hotspots - for now


7 Min Read
LISBON (Reuters) - The COVID-19 pandemic has achieved what many mayors across Europe have tried and failed to do: wipe out tens of thousands of Airbnbs from city centres and so help lower rental costs for locals, in some places by as much as 15%.
FILE PHOTO: Augusta street is pictured during partial lockdown as part of state of emergency to combat the coronavirus disease (COVID-19) outbreak in Lisbon, Portugal March 30, 2020. REUTERS/Rafael Marchante
While Europe’s cities have long welcomed tourists, critics say the surge of properties listed on short-lettings site Airbnb in recent years had priced many locals out of their own housing markets, turning historic neighbourhoods into soulless spaces. ....

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