Tourism: Council gives its final approval to the regulation for short-term rentals

 

The Council has today adopted a regulation on data collection and sharing for short-term accommodation rental services. This legislative act will enhance transparency in the field of short-term accommodation rentals and will help public authorities regulate this increasingly important part of the tourism sector. This is the last step in the decision-making procedure.

“The short-term rental regulation is an important building block in ensuring greater transparency in the field of short-term rental and in supporting public authorities to promote sustainable tourism. The collection and sharing of data will enable effective and proportionate local policies to be put in place to address the challenges and opportunities associated with the short-term rental sector. The regulation strikes a balance between promoting innovation and protecting communities. It allows fair competition within the sector while guaranteeing quality for consumers. Overall, the regulation will contribute to a more sustainable tourism ecosystem and support its digital transition.”
Valérie De Bue, Walloon Minister for Tourism

Transparency and data collection

The new rules introduce harmonised registration requirements for hosts and short-term rental properties, including the granting of a unique registration number to be displayed on property websites and online platforms. Hosts will submit simple information to obtain this registration number, which will be required to provide short-term accommodation rental services. Online platforms will have to provide information regularly to a single digital entry point in the member states on the rental activities of their hosts. This will help the competent authorities to produce reliable statistics and to take well-informed regulatory measures.

Next steps

Following the Council’s approval today of the European Parliament’s position, the legislative act has been adopted.

After being signed by the President of the European Parliament and the President of the Council, the regulation will be published in the Official Journal of the European Union and will enter into force on the twentieth day following its publication. It shall apply 24 months after its entry into force.

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.