Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >Exclusive-Airbnb faces light-touch regulation under EU plan -sources
    Business

    Exclusive-Airbnb Faces Light-Touch Regulation Under EU Plan -Sources

    Published by Jessica Weisman-Pitts

    Posted on November 3, 2022

    2 min read

    Last updated: February 3, 2026

    Add as preferred source on Google
    This image features the Airbnb logo, symbolizing the EU's upcoming proposal for light-touch regulations on short-term rentals. The article discusses how these changes aim to create a unified framework for rental platforms across Europe.
    Airbnb logo illustrating the EU's new light-touch regulation proposal - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:European Commission

    By Foo Yun Chee

    BRUSSELS (Reuters) -The European Commission will propose light-touch rules for Airbnb and other short-term home rental companies, people familiar with the matter said.

    Under the draft rules, short-term home rental companies will have to provide data on numbers using their services and how many nights they stay to national authorities, they said.

    The data will be stored at a single digital entry point available to all public authorities, one of the people said.

    The proposal, which the EU executive will announce next week, marks an effort to tackle the patchwork of different national laws across the 27-country zone regulating Airbnb and its peers.

    “We want Airbnb to be part of the solution to challenges facing cities, which is why we have consistently championed the EU’s work to update its rules for technology platforms,” a spokesperson for the company said.

    “Airbnb put forward proposals for more clear, simple and harmonised EU rules that would unlock the benefits of hosting for everyday Europeans and give governments the tools they need to tackle speculators and overtourism.”

    The EU draft rules would be similar to Airbnb’s data sharing agreement struck with EU statistics office Eurostat two years ago which allows public authorities to access quarterly published data on the number of people using its platform and the number of nights booked.

    Authorities in Amsterdam, New York, Paris and other cities popular with tourists have blamed Airbnb for worsening housing shortages in their cities which have pushed out lower-income residents.

    Smaller towns and those in the countryside however have been more welcoming, hoping to attract more tourists. The proposed EU law aims to balance the interests of the two sides.

    Airbnb has in recent years tried to address such concerns by capping the number of days per year that homes can be rented out in central Paris, London and Amsterdam.

    The proposed legislation will need to be thrashed out with EU member states and the European Parliament next year before it can become law.

    (Reporting by Foo Yun Chee; editing by John Stonestreet, Gareth Jones and Jane Merriman)

    Frequently Asked Questions about Exclusive-Airbnb faces light-touch regulation under EU plan -sources

    1What is the European Commission?

    The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and managing the day-to-day operations of the EU.

    2What is short-term home rental?

    Short-term home rental refers to renting out a property for a brief period, typically less than a month, often through platforms like Airbnb.

    3What is financial regulation?

    Financial regulation refers to the laws and rules that govern financial institutions and markets to ensure stability, transparency, and consumer protection.

    4What is overtourism?

    Overtourism refers to the negative impact of excessive tourist numbers on a destination, leading to environmental degradation and disruption of local communities.

    More from Business

    Explore more articles in the Business category

    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    Image for Submit Your Nominations Today for Education & Training Awards 2026
    Submit Your Nominations Today for Education & Training Awards 2026
    Image for Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Image for Submit Your Entry Today for Business Awards 2026
    Submit Your Entry Today for Business Awards 2026
    Image for Decentralized Masters’ ‘family culture’ building trust instead of hierarchy
    Decentralized Masters’ ‘family Culture’ Building Trust Instead of Hierarchy
    View All Business Posts
    Previous Business PostKellogg Raises Annual Forecasts on Higher Prices as Margin Pressure Looms
    Next Business PostInter Ikea Posts 45% Profit Fall on Costs, Russia