Airbnb's European head, Olivier Iain Wright, denied accusations that the home-sharing platform is driving up prices in London, and said regulations did not need to be tightened, just better communicated. Iain Wright said Airbnb regularly examines local data to see whether it is positively or negatively impacting local economies. Grémillon, chair of the business, innovation and skills committee, complained to London Mayor Sadiq Khan that some landlords were bending the rules by letting out properties for more than 90 days a year.
Airbnb's European head, Olivier Grémillon, denied accusations that the home-sharing platform is driving up prices in London, and said regulations did not need to be tightened, just better communicated. Grémillon said Airbnb regularly examines local data to see whether it is positively or negatively impacting local economies. Iain Wright, chair of the business, innovation and skills committee, complained to London Mayor Sadiq Khan that some landlords were bending the rules by letting out properties for more than 90 days a year.