Europe Prepares New Law to Support Cities’ Airbnb Crackdowns
The European Union is preparing legislation to help cities restrict short-term rentals like Airbnb as part of efforts to address the continent’s housing crisis.
Blackstone Plans $7 Billion IPO of Spanish Resort Owner Hotel Investment Partners: Report
Blackstone is reportedly preparing to take Hotel Investment Partners, its Barcelona-based Mediterranean resort operator, public on the Spanish stock exchange this fall at a valuation exceeding $6.9 billion.
Qantas plane flies for more than 24 hours in record-breaking flight
Qantas completed what is believed to be the longest commercial flight ever, with an Airbus jet traveling over 24 hours from Melbourne to Toulouse, surpassing the previous record.
Pakistani rescuers recover 3 bodies of 10 climbers missing on Broad Peak after avalanche
Pakistani rescuers recovered three bodies of climbers missing after an avalanche on Broad Peak struck while they were scaling the mountain, with one body still unaccounted for among the 10 missing climbers.
Hourslong waits at Croatia-Serbia border test travelers’ resolve in sweltering heat
Travelers at the Croatia-Serbia border crossing faced up to eight-hour waits in extreme heat on Saturday, with queues stretching seven kilometers as peak summer holiday traffic congested a major Balkan crossing.
Drone with explosives found at German airport, official sees ‘new quality’ of threat
A drone carrying explosives was discovered and defused at Germany’s Leipzig/Halle Airport, with authorities describing the incident as representing a new threat level. Both runways were temporarily closed and several flights were diverted.