AirBnB has negotiated a deal that will cap the number of days London and Amsterdam residents can rent out their homes at 60 days per year, reports the Australian Financial Review.
The deal is a compromise between those who say AirBnB is a benefit to homeowners and tourists alike, and those who are against the accommodation portal, including hotel owners who complain about the competition.
To enforce the cap, a day counter will be installed on Amsterdam listings and bookings that go beyond the limit will be blocked.
The cap in Amsterdam is 60 days while in London it's slightly longer at 90. Amsterdam will also introduce a 24-hour hotline for complaints. The rules strengthen existing guidelines set up in 2015. Airbnb will automatically limit home listings on its platform from 2017.
"We want to be good partners for everyone in [Amsterdam] and ensure home sharing grows responsibly and sustainably," said Airbnb general manager for Northern Europe James McClure.
Many residents of the Dutch capital complain tourists wandering side streets with rolling suitcases and noisy groups who come to Amsterdam to party are making the centre unliveable.