Airbnb Fined For Advertising Unlicenced Balearic Properties

Airbnb has been fined €300,000 for advertising unlicenced properties in the Balearics.     The holiday rental website was warned three times that at least 20 properties on Airbnb were in breach of new Balearic legislation, but the company failed to remove them.    Airbnb has said it will appeal against the fine.   Under the new rules, owners who rent their property without a licence face fines of up to €40,000 and rental platforms such as Airbnb can be fined up to €400,000.