CNMC action to promote competition in vacation rentals

4 de mayo de 2017

By Carolina Fernández, Cuatrecasas

By Carolina Fernández.

In recent weeks the Comisión Nacional de Mercados y la Competencia (CNMC) has successfully challenged local legislation restricting competition for vacation rentals in the Canary Island Courts and also started a similar action in Galicia.

The Canary Islands Courts annulled several articles of Decree 113/2015, of May 22, 2015 of the Canary Islandsregulating vacation rentals of private properties which:

  • Prohibited the rental of vacation properties in certain areas where hotels and tourist apartments operated,
  • Prohibited the rental of individual rooms as opposed to whole properties, and
  • Required owners wishing to rent out their properties to make a declaration to the administration and register the property.

 

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