What’s Up with the Sharing Economy? Commission to Decide

If there ever was a follow inflicting commotion within the journey trade then “sharing financial system” is it. Now, the way forward for the enterprise that has introduced hospitality sector professionals to the brink can be selected Thursday, June 2, when the European Fee releases its options for an EU-wide legislative framework.

Affecting everybody from Airbnb and Uber to native property homeowners and particular person proprietors, the European Fee is ready to publish its preliminary findings following a year-long session on Thursday, and advocate methods to make sure truthful play of sharing financial system gamers throughout all 28 member states. 

Some nations just like the UK have been very receptive to the follow, whereas others, like Germany and France, are taking drastic measures.

In Greece, hospitality professionals have repeatedly known as on the federal government to make sure truthful play, citing lack of income from the “shadow” operation of the sharing financial system, estimated at having price the Greek authorities greater than 400 million euros in 2015. The sector provides the doubtful employment standing of staff, stressing that the uncontrolled improve of such practices might compromise the viability and operation of hundreds of companies.

Insiders expect the Fee resolution to supply an answer by means of EU-wide laws which is able to guarantee truthful play, competitiveness, consistency and high quality.