While many aspects of travel have changed in 2020, three of them are exemplified in the McKinley idea. One: Guests are staying at properties longer than ever before. Second, they opt to rent homes in rural areas (Airbnb has seen a 25 percent increase in remote reservations). And third: where once visitors were too ‘wanderers’ […]
PRAGUE (Reuters) – Consumer lender Home Credit Group on Friday recorded a first-half loss of € 619 million on provisioning to cover loan losses as the coronavirus pandemic hit consumers. The lender whose operations include China, India and other Southeast Asian markets, Russia or the Czech Republic, said it had reduced its loan portfolio by […]
BRUSSELS (Reuters) – Europe’s highest court on Tuesday extended its support to European cities cracking down on short-term rentals of private accommodation to resolve the housing crisis, inflicting a setback on roommates site Airbnb. From Amsterdam to New York and Paris, authorities have accused Airbnb of exacerbating the housing shortage in their cities, which has […]