Claim is made during grilling of three short-lets industry representatives by a Lords committee including the northern European boss of Airbnb.

Despite only just surviving Covid lockdown downturn, GuestReady says its recovered by targeting longer-term lets and benefitting from the 'staycation' phenomenon.

UK Short Term Accommodation Association denies campaigners' claims as research shows one in 50 homes in London are on Airbnb.

Money will be used to help build its teams and tech including its London operation and grow its current listings book of 2,000 properties.

A service that enables sales and lettings agents to make money from short term rentals using prime properties that are awaiting sale or long-term lets has been unveiled. Lavanda.co.uk, which specialises in…