News /

Spanish cities studing legal changes to separate AirBNB’s ‘sharing’ and ‘professional’ use

Spanish cities studing legal changes to separate AirBNB’s ‘sharing’ and ‘professional’ use
Business models March 3, 2018

Different Spanish public administrations -both cities and regions- are studing and analyzing legal reforms and other updates to attend the enormous social impact of home-sharing and vacational rent digital platforms, such as AirBNB or HomeAway. AirBNB used to say was born from the need of getting some money from underused spaces at home, but nowadays this and other vacational platforms have evolved to a more professional and high-profitable model (different information and calculations suggest AirBNB’s value is more than $30 billion by the end of 2017, twice as valuable as Hilton hotels).

Therefore, one of the relevant issues to think about is the differenciation between two ways of use of the accommodation online platforms: one more ‘professional’, where the accomodation offer is permanent with the goal of gainning as much money as possible, and another one more ‘collaborative’, where the offer is non-permanent with a better use of underused rooms or space at home. Such as in other online platforms and Sharing Economy projects, in the vacational platforms there is a need to establish an economic threshold between the sharing and the professional use, and between the regulation to fulfill. Is not the same and has not the same impact (neither in economic terms nor annoying neighbours) a person who rents his private house some days during the month that a person who rents a second house every day of the year,

This discussion is taking place in many international countries such as Spain, where the city of València is studing a year limit of 60 days for the whole house, or no temporary limit to rent one room inside the house in cohabitation host-tourist. At the same time, Valencian region is studing 45 and Madrid 90 days in the same line of other European capitals: Amsterdam’s limit is 60 days, London is 90 and Paris 120, while Reyjkjavik’s limit is 90 days or 9.000 € profit obtained through vacational rent.

What type of limits and how to regulate the phenomenon of the accommodation online platforms is one of the main challenges for the European Mediterranean Regions regarding Sharing and Platform Economy, as soon these platforms are closely connected with tourism and have a huge impact in districts and associative neighborhood networks.