Airbnb announced that new European Union (EU) regulations include streamlined data-sharing guidelines for platforms and authorities, alongside simplified registration procedures for hosts. There is a two-year transition period preceding formal adoption.

According to Airbnb, the company plans to comply with these new EU regulations affecting short-term rentals and cooperate with the European Commission and member states to streamline data-sharing practices. The company is preparing to establish 'Single Data Entry Points' to facilitate the exchange of platform data across borders, ensuring adherence to regulatory standards. "Airbnb intends to support the development of local rules that address community concerns while safeguarding hosts whose impact on housing availability is minimal," said Airbnb in a press release. The company will utilize tools like the City Portal to aid authorities in enforcing all of the regulations effectively.

Airbnb has also committed to conducting thorough research on the socioeconomic impacts of short-term rentals. According to a press release by Airbnb, the aim is to contribute positively to housing markets and promote sustainable tourism by encouraging travel to lesser-known destinations. Additionally, Airbnb plans to collaborate with tourism organizations to manage visitor flows and alleviate pressure on overcrowded areas.

The upcoming 24-month transition period will be crucial for platforms and authorities to align on implementation strategies, according to Airbnb. This period will allow for the refinement of data-sharing mechanisms and the introduction of effective enforcement measures for local regulations.

Founded in 2007, Airbnb boasts over 5 million Hosts who have welcomed over 1.5 billion guest arrivals across nearly every country globally. As of December 31, 2023, Airbnb has had over 7.7 million active listings in 100,000 cities and towns across 220 countries and regions, according to its About webpage.