Tuesday, August 15, 2023
Short-Term Rental Report

Will Booking.com’s Hungarian Hosts Finally Get Paid?

  • Hungarian short-term rental hosts on Booking.com face significant payment delays, causing potential business closures. Despite Booking.com attributing delays to system updates, payments have not resumed as initially promised.
  • In response to wildfires, Oahu relaxes short-term rental restrictions and Airbnb introduces a flexible cancellation policy in Maui to assist affected residents and travelers.
  • Facing challenges during the pandemic, Sonder pivots to focus on hotels, launching the “Powered by Sonder” collection and highlighting its efficient operation of these properties compared to traditional multi-family buildings.

Hungary’s short-term rental hosts who offer their properties on Amsterdam-based Booking.com haven’t been paid for several months, leaving some having to decide whether they’ll need to shutter their businesses, according to published reports. Among the latest developments, regulatory authorities in Hungary initiated a complaint process against Booking, charging that a majority of hosts in the country haven’t […]