Airbnb pens open letter to Hungarian economy minister

Airbnb has addressed an open letter to Hungarian Economy Minister Márton Nagy, urging recognition of home-sharing’s economic benefits amid a government plan to pause new Airbnb permits in Budapest for two years. The company highlighted the significant contributions of short-term rentals to the national economy while warning that sweeping restrictions could harm local hosts’ income and the broader economy. Airbnb also voiced support for EU regulations that encourage balanced, evidence-based policies.

According to Portfolio’s report, during the European Tourism Forum held in Budapest, Airbnb addressed an open letter to Márton Nagy, the Minister of National Economy, urging recognition of the positive economic impact of home-sharing at both local and national levels. This comes after the minister’s mid-October announcement at a Portfolio conference that the government would impose a two-year moratorium on new Airbnb permits in Budapest (read more HERE.) Airbnb’s letter emphasised the importance of allowing Hungarian hosts to continue renting their homes, particularly during economically challenging times.

Airbnb’s open letter to Márton Nagy

Airbnb highlighted that Hungary remains a significant destination for both European and international visitors. The short-term rental market, according to the company, delivers undeniable benefits to the national economy.