Airbnb agrees to limit private rentals in Amsterdam

Economic IndicatorsAssociated Press

Airbnb has agreed to limit private home rentals in Amsterdam.

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The Dutch capital and the online rental service said Thursday that they will work together to ensure that home owners can only rent out their properties for a maximum of 60 days per year, in a move designed to curb complaints about illegal hotels.

Amsterdam had introduced the limit earlier, but Airbnb says that from Jan. 1 its site will introduce automated tools to ensure homes aren't listed for more than 60 days a year unless the owners have a license.

Amsterdam alderman Laurens Ivens says the cooperation with Airbnb "gives the city a new and efficient weapon to tackle illegal hotels."

Airbnb says a typical host earns 3,800 euros ($4,041) by sharing their space for 28 nights a year.