Vrbo Targets Accessible Travel, Belvilla Acquires MadeComfy, Spain Proposes 21% VAT on Rentals - RSU by PriceLabs
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 Insights
- •Belvilla acquired MadeComfy.
- •Spain is proposing a 21% VAT on short-term rentals.
Action Items
- ✓Hosts should monitor the regulatory landscape in Spain regarding VAT on short-term rentals.Effort: lowImpact: medium
Common Mistakes
- ⚠Failure to comply with new tax regulations, such as VAT implementation, could result in penalties and fines.
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St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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