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Many experts say short-term rentals, including Airbnbs, are part of the problem, restricting local housing supply and driving up prices. We took a look at three European hubs — Lisbon, Florence, and Amsterdam — that have imposed relatively strict regulations on short-term rentals. Cities have been worried about the impact of short-term rentals on housing costs for years. Instead of a blanket ban, Amsterdam caps the number of nights hosts can rent out their homes at 30 a year. In an increasingly tight housing market, the dominance of short-term rentals acts as an "amplifier," he said.
Persons: , Airbnb, Lisbon's, João Pereira dos Santos, Pereira dos Santos, Gregory W, Fuller, Florence, Florence's, Dario Nardella, Antonello Romano, Romano Organizations: Service, Business, New York, School of Economics, Finance, Queen Mary University of London, University of Groningen, Wall Street, University of Pisa Locations: Barcelona, Barcelona's, Spanish, New York, Tokyo, Vancouver, London, Paris, — Lisbon, Florence, Amsterdam, Lisbon, New York City, EU, Portugal, Netherlands, Venice
CNN —In the seven centuries since the Ponte Vecchio was first built in Florence, Italy, the bridge has watched the city changing around it, surviving floods, fires and the Nazi invasion in World War II. Now, the famed bridge itself is getting a two-year makeover, at the cost of about €2 million, to restore it to its former glory, the city of Florence and the Marchesi Antinorini winemakers announced on Wednesday. “This is a historic project because Ponte Vecchio has never had a restoration intervention of this technical complexity,” Florence’s mayor Dario Nardella told reporters on Thursday. Such is the Ponte Vecchio’s significance that it was the only bridge across the Arno River spared by the retreating German army towards the end of World War II. Previous replacement joints will be upgraded, the stone itself will be strengthened and the footpath’s stone will be restored too.
Persons: Vecchio, Ponte Vecchio, , Dario Nardella, , Marchesi Antinori, Piero Antinori, Tod’s Organizations: CNN, Diesel Locations: Florence, Italy, Nazi, Venice
Rome CNN —Mass tourism has turned the Italian city of Florence into a “prostitute,” the director of Galleria dell’Accademia has said, sparking anger and calls for her to step down. Florence mayor Dario Nardella told Florence City Council on Monday that the city deserved respect and that tourism employs thousands of people. With the Academy, for example, we have tried to enhance every extraordinary part of it,” she said in the museum statement sent to CNN Tuesday. Italy’s culture minister Sangiuliano said his ministry would look further into the matter, but called Hollberg’s words “serious and offensive” in nature. “According to the director of the museum, therefore, Florentines are the children of a prostitute and the tourists are the clients of a prostitute?
Persons: Rome, Cecilie Hollberg, , , Dario Franceschini, Giorgia Meloni, Dario Nardella, ” Nardella, Petr Svarc, Matteo Renzi, , Gennaro Sangiuliano, Hollberg, Florence, “ I’m, , Sangiuliano, Alessia Bettini, ” Bettini Organizations: Rome CNN, Florence, Florence City Council, UNESCO, Accademia, Academy, CNN, Locations: Italian, Florence, dell’Accademia, , Venice, Italy
30% of homes in central Florence, Italy, are listed on Airbnb, the Wall Street Journal said. In October, Florence decided to ban all new Airbnb listings in the city center. Florence is not alone in its attempts to limit the reach of short-term rentals. Venice has been lost, but we can still save Florence." Efforts to combat the effects of short-term rentals haven't broken through nationally.
Persons: , David, It's, Dario Nardella, Florence, Linda Sanesi, Nardella, I'm, Massimo Torelli Organizations: Wall Street Journal, Service, Rome's La Sapienza University, Wall Street Locations: Florence, Italy, Rome's, Florence's, Nardella, New York City, Portugal, Venice
MILAN (AP) — Record-breaking rain produced floods in a vast swath of Tuscany as Storm Ciarán pushed into Italy overnight Friday, trapping residents in their homes, inundating hospitals and overturning cars. At least three people were killed, bringing the storm’s death toll in western Europe to 10. Other regions were on high-alert and authorities warned that the storm was heading toward southern Italy. Ciarán left at least seven people dead as it swept across Spain, France, Belgium, the Netherlands and Germany on Thursday. Political Cartoons View All 1233 ImagesAs the storm moved on, it left hospitals flooded in Italy's Pisa and Mugello.
Persons: Storm Ciarán, Ciarán, Matteo Biffoni, Florence Mayor Dario Nardella, Arno, Nardella Organizations: MILAN, Florence, Sky Locations: Tuscany, Italy, Europe, Livorno, Mugello, Prato, Florence, Veneto, Venice, Spain, France, Belgium, Netherlands, Germany, Italy's Pisa
CNN —A 22-year-old German man has been detained in Florence accused of damaging a statue in the 16th-century Fountain of Neptune in the Piazza della Signoria, city authorities said in a statement. The city estimates the damage to the statue is around €5,000 ($5,400). The fountain features a statue of the Roman sea god Neptune atop a shell-shaped carriage pulled by horses. The mayor of Florence tweeted a photo of the 22-year-old German tourist, whose face was blurred, posing on the 16th-century Fountain of Neptune in Piazza della Signoria in Florence. In August, German tourists were accused of spray-painting soccer graffiti on a wall of the historic Vasari Corridor nearby.
Persons: Neptune, Florence Mayor Dario Nardella, Francesco Bellini, Cosimo I de Medici, Duke of Florence, Francesco, Duchess Joanna of Austria Organizations: CNN, Florence Locations: Florence, Piazza della, Vasari
This time it was the turn of the 460-year-old Vasari Corridor, a beautiful riverside passageway connected to the famous Uffizi Galleries in Florence, which was sprayed with Munich soccer-related graffiti in the early hours of August 23. Airbnb raidHow the Vasari Corridor looked before the graffiti incident. The one-kilometer-long Vasari Corridor was built by Italian Renaissance painter and architect Giorgio Vasari in less than nine months in 1565. Tourists behaving badlyThe graffiti reference a Munich soccer club. “I would like to express my thanks to the Carabinieri for promptly identifying the alleged perpetrators of the Vasari Corridor in Florence.
Persons: Rome, Rome CNN —, Airbnb, Tim Clayton, Corbis, Giorgio Vasari, Cosimo I de’Medici, Medici, Dan Brown, Florence Mayor Dario Nardella, It’s, Eike Schmidt, Schmidt, Gennaro Sangiuliano, Organizations: Rome CNN, Galleries, Carabinieri, Operations Unit, CNN, Culture Ministry, Authorities, Uffizi, UNESCO, TSV, Vasari Locations: Florence, Munich, , Uffizi, Italian, Ponte, Santa Felicita, Italy, Rome, Venice, German
In the Italian city of Venice, the number of beds dedicated to tourists is now almost on par with the number of beds allocated to residents. An electronic counter installed by activists in the city tracking this number illustrates the ever-growing demand for short-term rentals, popularized by the home-sharing platform Airbnb, which is now as popular as hotels. The short-term rental market is projected to be worth $228.9 billion in 2030, boosted by the rise of commercial operators. But as the housing crisis deepens worldwide due to land and labor shortages, residents are questioning the impact of Airbnbs and second homes locally. So what is the economic impact of Airbnb and short-term rentals?
Persons: Dario Nardella Organizations: CNBC Locations: Italian, Venice, Florence
[1/2] A view shows the Ponte Vecchio bridge and the Arno River in Florence October 16, 2014. The Ponte Vecchio, or Old Bridge, crosses the River Arno at its narrowest point. REUTERS/Regis DuvignauROME, June 1 (Reuters) - Florence wants to ban residential properties in its historic centre from being used for short-term rentals by platforms such as Airbnb (ABNB.O) in order to free up more homes for local people in the Tuscan city. Nardella is a member of the centre-left Democratic Party (PD), which is part of the opposition at national level. Airbnb did not immediately comment on Nardella's initiative, but said in a statement that it wanted to see "clear and simple national rules" in Italy.
Persons: Regis Duvignau ROME, Dario Nardella, Federica Urso, Federico Maccioni, Keith Weir, Crispian Balmer Organizations: REUTERS, Democratic Party, Thomson Locations: Florence, Ponte, Tuscan, Nardella, Italy, Rome, Milan
Relevize simplifies the distribution of marketing campaigns via partner channels like LinkedIn. A startup that enables companies to optimize their marketing and revenue streams through partner channels has raised a $6 million seed round from Insight Partners. Relevize aims to make the process of sellers interacting with multiple partner channels less complex by collating all digital campaigns into a single platform. Companies can choose to onboard new partner channels through Relevize, and based on the data provided on their campaign outreach, amend their marketing strategies. "We also sell our software directly to resale partners so that they can use it to more effectively manage and track the leads they receive through digital programs," Nardella told Insider.
Sebastian Galassi, 26, was a delivery rider in Florence, Italy, for the Spanish startup Glovo. He died on October 1 after his moped collided with a Land Rover SUV while on shift for Glovo. His family discovered an email the next day firing him, which Glovo claims was a mistake. The following day, Galassi's family discovered an email informing Galassi that he had been fired from the company "for non-compliance with the terms and conditions" of his role. A Glovo spokesperson told Insider: "We deeply regret the death of the delivery driver Sebastian Galassi as a result of a traffic accident in Florence, Italy.
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