💰 EU wants Airbnb, rivals to share bookings data with authorities

TL;DR

BRUSSELS, Nov 7 (Reuters) - Airbnb (ABNB.O) and other short-term home rental companies will have to share data on the number of people using their platforms under proposed EU rules, the European Commission said on Monday, in a light-touch approach to regulating this sector.The EU executive's proposal comes as popular tourist destinations such as Paris, Venice and Barcelona blame Airbnb for aggravating housing shortages by pushing out lower-income residents.The Commission's proposal marks an effort to tackle the patchwork of different national laws across the EU regulating Airbnb and its rivals, while trying to balance the interests of cities and rural areas."These proposals provide a framework for Airbnb to scale our collaborations with governments and make it easier for everyday Europeans to share their homes and follow the rules," said Georgina Browes, Airbnb's head of EU public policy.Under the proposed rules, Airbnb and its peers will have to share data about the number of guests and rented nights with public authorities, once a month, in an automated way."

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