Vrbo, the vacation-rental platform owned by online travel giant Expedia Group, has ceased operations in Toronto due to the city’s new rules governing short-term rentals, The Logic has learned.
“After years of ongoing discussions, Expedia Group is saddened that the regulatory environment in Toronto has caused us to withdraw from the short-term vacation-rental market,” Philip Minardi, Expedia’s director of policy communications, said in an e-mailed statement.
