Spain’s tourist boom won’t help its tax revenues thanks to Airbnb
One bright spot for Spain’s ailing economy has been tourism. According to a new count by the government, tourism arrivals in the first half of 2013 have been strong, and June saw the country break records with 6.3 million visitors . This was due, in part, to unrest in North Africa cutting down on the number of alternate Mediterranean destinations. While the news may be good at the top line, Spain’s traditional tourist industry is getting less of the benefit while private property owners are getting more. [...]
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