European Union to hike VAT on sharing economy platforms
Estonia / EU: EU diplomats have reached an agreement on VAT [value-added tax] rule reforms that would result in tax hikes for sharing economy platforms including Airbnb and ride-sharing service Uber after Estonia dropped its previous veto position.
Estonia vetoes EU VAT proposals for sharing economy services
Estonia / EU: Estonia has vetoed plans to introduce VAT on sharing economy services such as Airbnb and Bolt in the European Union at a meeting with finance ministers in Brussels.
ÖÖD Mirror House raises close to €1m in private funding round
UK/ Estonia: ÖÖD Mirror House, which develops prefabricated mirrored cabins, has closed a private funding round of close to €1 million.
Bob W enters Germany with Charly Hospitality acquisition
Finland / Germany: Tech-powered short-stay operator Bob W has entered the German market with the acquisition of apartment rental agency Charly Hospitality.
2022 EU nights booked on online platforms top 2019
Europe: In Q4 2022, guests spent around 97 million nights in short-term rental accommodation in the EU, booked via Airbnb, Booking, Expedia Group or TripAdvisor, according to Eurostat.
Commission generating digital guide service Tipndo launches
Estonia: Tipndo, an online service where property managers can create commission generating digital guides for their listings, has launched.
Bob W acquires Estonishing Stay in Estonia
Finland / Estonia: Helsinki-based tech-driven hospitality startup Bob W has acquired Estonia’s largest short stay serviced apartment operator, Estonishing Stay Apartments.
Bob W raises €10m in seed funding and expands into the UK
Finland: Helsinki-based tech-driven hospitality provider Bob W has announced that it has secured ten million euros in seed round funding. The investment round was led by byFounders VC and private equity outfit Finnish Industry Investment [Tesi]. Other top European real estate and venture capitalist investors include Kaamos, Superangel, United Angels and NREP through its 2150 investment wing, which just launched […]
Airbnb reportedly agrees to share renter user data with Estonian tax authority
Estonia: Airbnb is to reportedly share user data with the Estonian Tax and Customs Board (MTA), according to the Baltic News Service (BNS). An MTA spokesperson told BNS that the cooperation was already underway and that further details would be made public at a press conference on Wednesday, which MTA deputy director Rvio Reitmann and […]