Overview

• Spain’s EU-backed registry enforcement took effect on July 1, mandating registration codes on all short-term rental listings or face delisting
• Nearly 66,000 Airbnb and over 4,000 Booking.com properties have been removed for lacking valid registration codes under the new system
• The measures are designed to address Spain’s housing deficit of roughly 450,000 homes and to stem overtourism in cities such as Madrid and Barcelona
• Italy’s ongoing court battle to ban key boxes on streets is seen by experts as a precursor to similar short-term rental restrictions there
• Analysts predict the reduction in accommodation supply could drive holiday prices up by as much as 20%, and other EU states are considering comparable regulations