The EU is planning a new regulation for Airbnb and similar short-term rentals

The European Union (EU) is preparing to introduce new rules for short-term housing rentals, determining the accounting and collection of data on “Airbnb” and similar housing, informs the member of the European Parliament (EP) Ivars Ijabs (AP). The representatives of the EP and the EU Council agreed on the new rules on November 16. The European political group “Renew Europe” was represented by Ijab in these negotiations. “These rules will allow cities to more sensibly regulate housing rent, and people to receive good, alternative services to hotels more safely. This is important at a time when hotel prices have increased rapidly and many families can no longer afford to travel,” emphasizes the deputy. Short-term housing rental has developed rapidly in the European Union. This is largely facilitated by platforms such as Airbnb, which help both landlords and travelers. However, they also cause problems, for example, you will often have to face a lack of supply of apartments for local residents, rapidly increasing prices or excessive tourist flows. The US-based company “Airbnb, Inc.” has expanded significantly in recent years around the world, allowing users to stay in private homes instead of hotels or hostels. The Court of the European Union decided in 2022 that member states can require short-term rental platforms to collect income tax.

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