“Tourism is a key economic activity in Europe. Short-term rental accommodation offers suitable solutions for tourists and new sources of income for people. At the same time, there are concerns about the impact on local communities. ”said Thierry Breton, European Commissioner for the Internal Market. Source: SkiftPhoto: Pixabay Two lobby groups for the sector – EU Travel Tech and the European Family Tourism Association – welcomed the move and expressed hope that data sharing would contribute to more comprehensive tourism statistics across Europe, provide public authorities with a better understanding of economic co-operation and support evidence-based policies. When the first series of data becomes available this year, it will be better understood where the market is. The data will include the number of nights booked and the number of guests. The European Commission, the EU’s executive arm, said the agreement would protect the privacy of both guests and hosts. Airbnb, Booking.com, Expedia Group and Tripadvisor have signed an agreement on data exchange with the European Union, reports Shift. The agreement means that reliable information on the short-term rental market will be published through the statistical office Eurostat. This is the first time that short-term rental competitors are coming together to share global market data. Airbnb and other platforms have waged a leading battle across Europe over the accelerated expansion of urban rents. Cities like Amsterdam and Barcelona have imposed restrictions, and many have expressed concern about the impact on house prices.