Insight
Belvilla acquired MadeComfy.
Vrbo Targets Accessible Travel, Belvilla Acquires MadeComfy, Spain Proposes 21% VAT on Rentals
Summary
VRBO is focusing on accessible travel, aiming to make rentals more inclusive. Belvilla acquired MadeComfy, expanding its reach in the STR market. Simultaneously, Spain proposes a 21% VAT on short-term rentals, which could impact profitability for hosts. Hosts should stay informed about changing regulations.
Key takeaway