Iceland takes steps to regulate short-term rental market
Iceland: Iceland is taking steps to further regulate its national short-term rental market after a new law was passed in Parliament this week.
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Legislation
Madrid suspends granting of new holiday rental licences until 2025
Spain: Madrid City Council has announced a temporary suspension on granting new holiday rental licences in the capital with immediate effect – a suspension which looks likely to hold until 2025.
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Short-term let regulations impacting supply for Edinburgh Festivals
Scotland: There are growing concerns that Edinburgh will be unable to accommodate all of the performers and visitors who are set to attend the city’s renowned festivals this summer, including the Edinburgh Fringe Festival, due to the implementation of strict short-term let regulations.
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Canary Islands push back against mass tourism with draft law
Spain: The Canary Islands, as well as other Spanish islands and mainland Spain, are preparing to tighten legislation on illegal short-term rentals this year and combat what local authorities deem as mass tourism.
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Bills advance in Hawaii to leave uncertain STR future
US: Short-term rentals could be phased out entirely in counties across Hawaii if two bills that are currently moving through state legislature are passed.
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ISCF chair welcomes signing of EU data-sharing regulation
Europe: The Irish Self-Catering Federation [ISCF], the largest representative body for self-catering properties in Ireland, has welcomed the signing of the EU’s regulation on short-term rental data collection and sharing in Brussels as having “positive, long-term consequences for the sector”.
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Petition and survey launched to address FHL tax regime
UK: After the UK Government announced that it was scrapping tax relief for holiday lets earlier this month, a petition and survey have both been launched to address the incoming Furnished Holiday Lettings [FHL] tax regime and assess its impact on businesses across the UK.
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Medellín mayor mooting rental regulation to cut crime
Colombia: The Mayor of Medellín Federico Gutiérrez is proposing to regulating short-term apartment rentals in the city.
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Greece considers restrictions on Golden Visa rental properties
Short-term rental properties acquired through the Golden Visa program could be restricted in a bid to tackle the shortage of properties for long-term rental in Athens and elsewhere.
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UK associations warn of impact of FHL Budget announcements
UK: Short-term rental industry associations advocating for the sector have warned of the impact of scrapping tax relief for holiday lets, which was recently announced by the government as part of its Spring Budget 2024.
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