Madrid takes on Airbnb and overtourism | cnn.com

Madrid has become the latest city to confront overtourism, as the Spanish metropolis moves to drastically curb the Airbnb and homeshare listings available in the destination.Secretary for sustainable urban planning José Manuel Calvo announced the proposed regulations last week, aiming to tackle the issue of mass tourism head on.The new regulations are in response to locals fearful of being priced out of their own neighborhoods.Officials in other destinations in Spain including Valencia and Mallorca -- as well as in Venice, Italy -- have also introduced drastic measures to control overtourism and encourage responsible vacationing.