EO Mobility Consultancy’s Post

Good for a peaceful life for local people but bad for the economy. Tourists may choose another country and enjoy but..?.In reality, the city's economy relies heavily on tourism, which accounts for 14% of the GDP and 9% of local employment. In Spain, tourism provides 12.6% of jobs despite the overall unemployment rate of 11.3%.( personal view)#sustainabledevelopmentgoals#tourism#History#culture#economy #Europe

You don't need to live in a hotel when you come to Italy! 🇮🇹 There are many different rental options for foreigners, and these largely depend on the length of your stay. Tourists can rent by the day, week, or month, making it clear that they are staying temporarily and not to establish residency. On the other hand, if you are an expat looking to settle in Italy, you have two options for a more long-term lease contract. 🤔 Aside from knowing your options for rental agreements, you also need to know your rights and responsibilities as a tenant. Check out this useful guide on our blog: https://lnkd.in/dtEBuudx #RealEstateItaly #TenantRightsItaly #RentalItaly #AccountantItaly

Barcelona plans to enact a citywide ban on all short-term rentals to address complaints that tourism is to blame for a local housing crisis and soaring rents. The Mediterranean city will stop giving new licenses and won’t renew existing ones so that in 2029 no homes will have permission to be rented as tourist accommodation, Barcelona Mayor said at a press conference on Friday. There are now about 10,000 houses registered as rentals for tourists. “More supply of housing is needed, and the measures we’re presenting today are to provide more supply so that the working middle class does not have to leave the city because they can’t afford housing,” Collboni said. “This measure will not change the situation from one day to the next. These problems take time. But with this measure we are marking a turning point.” Rent prices per square meter in Barcelona increased 14% in the 12 months through April and are the highest among Spanish cities, according to Idealista, the country’s largest website for property listings. The city was visited by 16 million tourists in 2023, according to the Barcelona Tourism Observatory. Airbnb didn’t immediately reply to a request for comment. #airbnb #sharingeconomy #rentals #bans #tech https://lnkd.in/gVYrbKZZ

Barcelona will ban all short-term rentals in response to complaints that tourism is causing a local housing crisis and soaring rents. No new licenses and no renewals from 2029 will reduce the approx. 10,000 rentals properties for tourists. The European Commission said parts of the Irish 2022 draft of the Short-Term Tourist Letting Bill contravene EU laws protecting freedom to provide online services and that our existing regulations - which underpin the new bill - requiring property owners to have planning permission for short-term letting above 90 days in Rent Pressure Zones "will require further analysis." The Commission notes the new bill as going "in the right direction" but it must align with a new EU Short Term Rental Regulation. Govt. must balance the significant need for housing with long term implications for tourism accommodation capacity and regional employment. ”https://lnkd.in/dQdQdUE2

📢 𝐁𝐢𝐠 𝐂𝐡𝐚𝐧𝐠𝐞𝐬 𝐀𝐡𝐞𝐚𝐝 𝐟𝐨𝐫 𝐒𝐡𝐨𝐫𝐭-𝐓𝐞𝐫𝐦 𝐑𝐞𝐧𝐭𝐚𝐥𝐬 𝐢𝐧 𝐁𝐚𝐫𝐜𝐞𝐥𝐨𝐧𝐚 𝐚𝐧𝐝 𝐌𝐚𝐥𝐚𝐠𝐚 Barcelona has been tightening its regulations on short-term rentals for years, closing around 3,500 accommodations. Now, by November 2028, the city will take it a step further by not renewing over 10,000 current licenses for tourist rentals. This move aims to address the rising living costs for residents, with rents increasing by 68% and house prices by 38% in recent years. Malaga is following suit, limiting licenses to properties with independent entrances to curb the uncontrolled growth of short-term rentals. In 2016, Malaga had 846 licenses, which skyrocketed to over 12,000 by 2024. This shift mirrors earlier actions in Palma de Mallorca, where a 2018 decree banned private apartment rentals to tourists due to local protests against excessive tourism. If these measures hold, by 2029, Barcelona will have no short-term rentals, only traditional hotels and bed & breakfasts. This could set a precedent for other cities facing similar challenges, including those in Italy, where short-term rentals now capture 42.3% of the market, significantly impacting the hospitality industry. 🏙️ 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐈𝐭𝐚𝐥𝐲? "Barcelona's move might inspire similar reforms in Italy," says Bernabò Bocca, President of Federalberghi. Rising rental costs in Italian art cities have made it hard for residents to find affordable housing. It's time for Italy to consider bold decisions that balance tourism with local living conditions. "There are some Italian cities that are overinflated. Everyone wants to see  them. Then there are others, equally beautiful but less trendy, with a significantly lower number of tourists. Perhaps these reforms could help balance the tourist flow in Italy while allowing the residents of those cities to continue living there. This would help maintain the authenticity of the place without turning the city's history into solely commercial activities and accommodations transformed into tourist traps." #RealEstate #Tourism #ShortTermRentals #Barcelona #Malaga #UrbanLiving #HousingCrisis #PolicyChange

Amsterdam has the highest number of tourists per resident in a ranking of the world's most popular cities by The Economist. The city has over 10 arrivals per resident compared to second placed Paris with 8 per resident. Amsterdam has been trying to combat over-tourism for some time by implementing measures such as higher tourist taxes, limits on overnight stays and reductions in cruise traffic. https://bit.ly/3WTFvsB

Top destinations in Portugal where Americans are buying homes after the election. With the recent election, interest from American citizens looking to purchase property overseas—especially in Portugal—has surged. Portugal’s appeal as a top international destination for relocation continues to grow, with its mild climate, vibrant culture, and high standard of living. Coupled with an affordable cost of living and attractive investment options, Portugal has become a premier destination for Americans seeking a new home abroad. Here’s a look at the top destinations in Portugal where Americans are buying homes after this election.

Venice in Italy starts charging day-trippers It will cost you a small fee to eat, pray, and/or love in Venice this summer. Day-trip visitors must pay a little over $5 to visit the historic city starting today, making it the first major city to charge this kind of entrance fee. The surcharge comes after numerous warnings that the city’s infrastructure cannot support the overtourism it’s experiencing. UNESCO even threatened to put Venice on its list of endangered heritage sites if local authorities didn’t make changes. The new fee targets single-day visitors, who account for about three out of every four tourists to the city but contribute less than 20% to total tourism spending. Some critics think the fee violates Italy’s constitutional right to freedom of movement, while others say it doesn’t go far enough because a measly 5-euro fee won’t make a dent in the nearly 30 million people who visit Venice every year. Big picture: The Floating City isn’t the only travel hot spot attempting to limit tourists. Other destinations have raised tourist taxes, and Barcelona even removed a popular bus route from map apps so tourists stop clogging up public transit.

Slowing down tourism and re-respecting own residents   Finally some cities are waking up and start curbing over-tourism and trying to protect a bit their own residents. I saw various examples, such as Lisbon stopping the golden visa program for foreigners (non-EU citizens), or last year Amsterdam created stay-away ad campaigns targeting young British men. Local governments in places such as Spain’s Canary Islands, Lisbon, and Berlin have announced restrictions on short-term rentals in the past decade. And now Barcelona is up to ban apartment rentals to tourists in a bid to cut housing costs. Being one of Europe’s top destinations, Barcelona’s popularity has made housing increasingly unaffordable for residents. This is the case for many cities in Europe and worldwide. 🙋🏻♀️__ To all rebels against the hurry culture: I encourage people to embrace the power of slow in a rushing world crushing your life ⛱__How? Through my online publication Un-Rush – giving you insights on the absurdity of speed and benefits of slow 💪__Dare to un-rush and sign up for the newsletter >>> Link in Profile     The Power Of Slow In A Rushing World Crushing Your Life.     #PowerOfSlow #SlowMovement #SlowTourism