Airbnb limits some new reservations in New York City as short-term rental regulations go into effect ...Middle East

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Airbnb limits some new reservations in New York City as short-term rental regulations go into effect
NEW YORK (AP) — Home-sharing giant Airbnb said it has had to stop accepting some reservations in New York City as new regulations on short-term rentals went into effect Tuesday that will mean big changes for travelers hoping to avoid the high cost of a Big Apple hotel. The new rules are intended to effectively end a free-for-all in which city landlords and residents have been renting out their apartments by the week or the night to tourists or others in town for short stays. Under the new system, rentals shorter than 30 days are only allowed if hosts register with the city. Hosts must commit to being physically present in the home for the duration of the rental, sharing living quarters with

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