Archive for the Airbnb Category

Airbnb could lead to lower business rates for hoteliers

Hotel operators should be able to appeal against their business rates due to the impact of “disruptors” in the market such as Airbnb, say real estate agency, Colliers International. According to Colliers, the rise in volume of Airbnb lettings should be seen as a “material change” to the hotel industry, and because Airbnb operators don’t pay business rates, the company believes this should be taken into account. The Valuation Office Agency, who undertakes business rates appeals, normally looks favourably on businesses that can show a “material change in their circumstances” and by definition, Colliers believes hotels in areas where Airbnb

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