Local regulation catching up with Airbnb and Homeaway:

Airbnb fined for advertising lodgings without permits in Barcelona Airbnb and HomeAway have been fined €600,000 each (the maximum fine) Barcelona is fining home rental site for advertising lodgings that did not have permits to host tourists. In a statement the City Hall said it had initiated proceedings “that will result in €600,000 (£500,000) fines for each of them for the repeat offence of advertising tourist lodgings online” without authorisation on Thursday. The banner in photo: 'No tourist flats' in Barcelona's neighborhood of Barceloneta

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