European Union: Reached Council and Parliament provisional agreement on Regulation on data collection and sharing for short-term accommodation rentals including data-sharing measures

On 16 November 2023, the Council of the European Union (EU) and the European Parliament reached a provisional agreement on Regulation on data collection and sharing for short-term accommodation rentals including data-sharing measures. The Regulation aims to harmonise and streamline the framework for data generation and data sharing on short-term accommodation rental services across the EU through the creation of a national “single digital entry point” for the transmission of data between online short-term rental platforms and the public authorities. The Regulation requires platforms to share data on their rentals every month with local authorities, including the listing address, the listing type, and personal information about the guests. Under the reached agreement, the micro and small platforms that have 4’250 listings or less would be required to submit the data every 3 months. The reached agreement has to be formally adopted by the Council and the European Parliament and would be implemented 24 months after it enters into force.