A PYMNTS Company

EU Lawmakers Meet With Airbnb On Hosting Rules

 |  June 13, 2022

Airbnb co-founder and Chief Strategy Officer Nathan Blecharczyk recently hosted members of the European Parliament to talk about updating European Union rules to help address hosting issues.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    According to a company blog post published Monday (June 6), the discussions centered around how Airbnb and EU leaders can work on building sustainable tourism models that both help locals and protect communities.

    This comes as many citizens have been unable to benefit from the economic opportunities of home sharing, as local rules have been cumbersome and unfriendly, reportedly favoring larger players instead.

    “Travel on Airbnb contributed €19 billion to the EU economy before the pandemic, benefiting Hosts and the communities they call home,” Blecharczyk said. “The majority of Hosts are everyday families and new EU rules on hosting can help more Europeans benefit from home sharing, whilst ensuring that local governments have the tools they need to limit unwanted activity by property speculators. We look forward to continuing our dialogue with the EU institutions on these matters.”

    The report noted that Airbnb travel often generates economic, cultural and community benefits in the EU. Additionally, the EU has been looking into proposals for more harmonic EU-wide rules, which could offer governments more tools to clamp down on spectators and fight against overtourism.