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-0.000425622472866583 -0.00074483932751642 0.000922182024544197 0.00268142157905948 0.00712917642051497 0.00698730226289291 0.00794495282684262 0.00840604383911472
Stock impact report

Popular destination cracks down hard on tourists as new limits threaten summer getaways [FOX News]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: FOX News
As Europe continues to grapple with issues related to severe overtourism, several countries are implementing measures to manage visitor numbers, protect local residents and preserve infrastructure. After experiencing soaring housing costs and an influx of tourists , the city of Athens, Greece, is considering stricter regulations, Euronews reported. This week, the mayor of Athens, Haris Doukas, said he may consider capping the number of new hotels in the city to combat overtourism. "We really need to see if and how many more hotels we need and where, Doukas said in response to a question from Euronews at the "This is Athens - Agora" event. "We need to see and think about how much extra tourist load we can lift and where." He added bluntly, "We must not become Barcelona." He went on, "We have to understand that there are saturated areas that cannot afford new beds, whether short-term rentals or not. Talking at events around the globe , we see that capping is not only being pu Show less Read more
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