Airbnb, Rivals to Share Bookings With Authorities Below Proposed EU Guidelines

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Airbnb, Rivals to Share Bookings With Authorities Below Proposed EU Guidelines
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Airbnb and different short-term residence rental firms must share information on the variety of folks utilizing their platforms underneath proposed EU guidelines, the European Fee mentioned on Monday, in a light-touch method to regulating this sector.

The EU government’s proposal comes as standard vacationer locations comparable to Paris, Venice and Barcelona blame Airbnb for aggravating housing shortages by pushing out lower-income residents.

However smaller cities and rural areas need to entice extra vacationers through on-line rental platforms, which account for 1 / 4 of all vacationer lodging throughout the 27-country European Union.

The Fee’s proposal marks an effort to sort out the patchwork of various nationwide legal guidelines throughout the EU regulating Airbnb and its rivals, whereas making an attempt to steadiness the pursuits of cities and rural areas.

“The brand new proposed guidelines will assist to enhance transparency on the identification and exercise of short-term lodging hosts, and on the foundations they need to adjust to, and can facilitate the registration of hosts,” the Fee mentioned in a press release.

“They will even sort out the present fragmentation in how on-line platforms share information and, finally, assist forestall unlawful listings. Total, this can contribute to a extra sustainable tourism ecosystem and help its digital transition,” it mentioned.

Reuters completely reported on the Fee’s proposal on November 3.

Below the proposed guidelines, Airbnb and its friends must share information in regards to the variety of friends and rented nights with public authorities, as soon as a month, in an automatic means.

The authorities will monitor their schemes and might put in place penalties for non-compliance.

The proposal will must be agreed with EU nations and EU lawmakers earlier than it may well change into regulation.

The Fee’s proposal is analogous to a knowledge sharing settlement which Airbnb struck with EU statistics workplace Eurostat two years in the past permitting public authorities to entry quarterly printed information on the variety of folks utilizing its platform and the variety of nights booked.

© Thomson Reuters 2022


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