Hungary’s government is considering a plan to impose a moratorium on new Airbnb licenses in Budapest and to raise taxes on short-term apartment rentals in the capital city, according to Economy Minister Marton Nagy. This announcement comes about a month after residents of Budapest’s sixth district voted to ban short-term rentals starting in 2026, marking the first such ban in one of Europe’s most popular tourist destinations. Some residents in European tourist hotspots blame short-term rentals for driving up home prices.
In central Europe, Budapest was the most popular city for short-term stays in 2023, with 6.7 million guest nights, according to Eurostat, ahead of Vienna, Prague, and Warsaw. Eurostat figures show almost 719 million guest nights spent in the European Union were booked via online platforms like Airbnb and Booking last year, with Paris leading EU capitals with over 19 million guest nights.
Nagy stated, “We are thinking about a possible moratorium and a tax hike in Budapest,” adding that the government had not made a decision yet. He emphasized that “the Airbnb market will change, and it is sure that it cannot grow further,” calling the issue a question of housing policy.
Nagy also mentioned that the government is negotiating the proposed new rules with trade organizations in the tourism industry and that changes would not affect short-term rental properties outside the capital. In Budapest’s sixth district, 54% of voters backed the ban on short-term rentals, with a 20.52% turnout in mid-September.
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran see...
A criminal court in Damascus has sentenced former Syrian President Bashar al-Assad to death in absentia for premeditated murder, torture, arbitrary de...
Russia’s state nuclear corporation Rosatom plans to increase its workforce at Iran’s Bushehr Nuclear Power Plant to 100 specialists by the autumn,...
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
One hundred years after the First World War and more than eighty years after the devastation of the Second World War gave rise to the United Nations, humanity once again finds itself living in an age of permanent crisis.
For months, efforts to secure the Red Sea have focused on what is happening in the water. Naval deployments have increased, governments have expanded maritime cooperation and shipping companies have adapted to persistent security threats.
Greenland has issued a “strong warning” to a U.S. oil company linked to President Donald Trump after drilling equipment was brought ashore without the required government approvals, according to British media.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
The U.S. has made its visa bond programme permanent for citizens of 50 countries, requiring some business and tourist visa applicants to pay refundable deposits of up to $20,000. Several Central Asian countries remain on the list, but Uzbekistan is not.
Kazakhstan is set to become the first country in Central Asia to introduce electric vertical takeoff and landing (eVTOL) air taxis into its transport system.
The wreckage of a Pan American Airways passenger plane that crashed in 1952 has been located on the floor of the Atlantic Ocean after a seven-year investigation led by the Air/Sea Heritage Foundation in partnership with the Discovery Channel, according to a recent press release.
Afghanistan and Türkiye are considering a tourism agreement to promote historic and religious sites, ease travel and train tourism workers, Afghan authorities said after talks in Kabul on Monday.
The European Union's General Court has dismissed Ryanair's appeals against an Italian state aid scheme approved by the European Commission in 2020 to support airlines during the COVID-19 pandemic.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment