EconomyLens.com
No Result
View All Result
Sunday, May 24, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

EU lawmakers back transparency rules for Airbnb-style rentals

Thomas Barnes by Thomas Barnes
February 29, 2024
in Economy
Reading Time: 4 mins read
A A
18
19
SHARES
240
VIEWS
Share on FacebookShare on Twitter

Dutch EU lawmaker Kim Van Sparrentak said the regulation on short term rentals made it clear 'big tech doesn't make the rules'. ©AFP

Strasbourg (France) (AFP) – The European Parliament approved new data-sharing rules Thursday that clamp down on illegal short-term rentals to protect the residents of European cities — many of whom face shortages of affordable housing.

The spread of short-term tourist lets via online platforms such as Airbnb has put pressure on the housing market in many places, as it cuts the availability of long-term rentals.

The new rules aim to help towns and cities enforce a patchwork of existing rules designed to curb short-term rentals, which make up about a quarter of all tourist accommodation in the European Union.

Related

US Fed chair says will be ‘reform-oriented’ at glitzy White House swearing-in

From agave syrup to raw materials: EU, Mexico agree trade expansion

EU seeks to rebalance trade relationship with China

Mexico, EU lower tariffs in bid to grow non-US trade

German business morale rises for first time since Iran war

Tourist hubs such as Paris and Amsterdam have annual caps on the number of nights a given property can be listed on Airbnb or similar platforms.Barcelona has gone further and banned short-term lets.

The new EU rules say big online platforms offering short-term lets must share data monthly with local authorities, while smaller ones would have to do so every three months.

Airbnb welcomed the rules, calling them “a watershed moment for Airbnb and our industry.

“For the first time the rules of the road are clear, benefiting hosts, authorities and Europe’s tourism offer to visitors,” said Georgina Browes, Airbnb’s head of EU policy.

Dutch Green lawmaker Kim Van Sparrentak, who pushed the text through parliament, said Wednesday the regulation would “make clear that big tech doesn’t make the rules, and we are obliging these platforms to share data with authorities on a regular basis”.

Better data sharing will enable “the removal of illegal listings, and will contribute to fighting the housing crisis by tackling speculation and safeguarding access to affordable housing,” she said during a parliamentary debate.

To illustrate the issue, she gave the example of Amsterdam, where she said 78 percent of listings on Airbnb were entire homes or apartments.

“That means that almost 7,000 homes or apartments are rented out for tourism rather than for residents,” she noted.

EU negotiators from the bloc’s 27 member states and the parliament reached a provisional agreement on the rules in November.

But it will only become law after formal adoption by EU countries and lawmakers, usually a rubber-stamping exercise after the deal.

Local bodies and platforms will then have 24 months before they have to comply.

© 2024 AFP

Tags: housingshort-term rentalstourism
Share8Tweet5Share1Pin2Send
Previous Post

Italy says it wants Chinese carmakers but only under conditions

Next Post

US Fed’s favored inflation gauge falls, but price pressures remain

Thomas Barnes

Thomas Barnes

Related Posts

Economy

Japan inflation slows more than expected in April

May 21, 2026
Economy

With Fed under intense Trump pressure, new chief to be sworn in at White House

May 22, 2026
Economy

California governor orders a plan to cope with AI job upheaval

May 22, 2026
Economy

EU slashes eurozone 2026 growth forecast on Mideast war

May 21, 2026
Economy

Rich nations topped $100 bn climate finance goal again in 2023, 2024: OECD

May 21, 2026
Economy

Fighting over a chicken in protest-hit La Paz

May 21, 2026
Next Post

US Fed's favored inflation gauge falls, but price pressures remain

Stocks climb after US inflation dips

Brazil urges G20 ensure 'super-rich pay fair share' of taxes

European airlines, facing jet delivery delays, see profits soar

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
18 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Hotels strive to be found as AI models conduct travel search

May 23, 2026

Lightning advance: swathes of Hanoi demolished for development

May 24, 2026

US jury finds Boeing not guilty in 737 MAX grounding lawsuit

May 23, 2026

SpaceX carries out mostly successful Starship test flight

May 23, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.