Airbnb: A new bill could de facto ban short-term rentals in Puerto Rico

Airbnb on the island has about 15.000 units and more than 8.000 registered hosts, which contributed $2021 million to Puerto Rico's gross domestic product in 872,4.

January 27, 2023
Airbnb warned this week that thousands of short-term rental properties in Puerto Rico will disappear from the market if House Bill 1557 retains a provision restricting short-term rentals in residential areas. Draft Law 1557, which was proposed last November, requires homeowners who want to use more than 30% of their living space for the purpose of short-term...
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January 27, 2023