SINGAPORE (Feb 27): Two men were found guilty for running a business that provides unauthorised short-term stays for less than six months, the Singapore district court heard on Tuesday.

Terence Tan En Wei and Yao Songliang earned at least $25,000 over a period of five weeks and rented the units via lodging renting platforms such as Airbnb, Craigslist and Homeaway.

The apartments drew rates of $150 to $441 per night.

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