Spain just refused to let Airbnb dodge a €64 million fine.
Madrid's High Court ruled this week that the platform must pay in full now while its appeal works through the courts.
The fine covers 65,000+ listings operating without valid licences or with false registration data.
This isn't an isolated case. Spain has already seen a 12.5% drop in registered tourist flats year-on-year.
Barcelona is winding down all tourist apartment licences by 2028. And in 8 weeks, the EU's new data-sharing regulation goes live across all 27 member states.
If your listings aren't fully compliant today, that problem gets harder to hide after May 20th.
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