Airbnb faces a patchwork of regulations in the many jurisdictions where it operates. Some places are very restrictive, but some places are welcoming the innovative platform. Lisbon has emerged as a city that welcomes Airbnb and has created a regulatory environment that creates a transparent playing field for hosts and guests while also encouraging the tourism economy.
On his way to work, Lisbon Mayor Fernando Medina likes to count the dwindling number of empty buildings. Thanks to a tourism and real estate boom, many are being converted into trendy apartments that cater to the growing number of visitors to the city.