WTTC introduces new report on best practices for short-term rentals

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The put up WTTC introduces new report on best practices for short-term rentals appeared first on TD (Travel Daily Media) Travel Daily.

The World Travel & Tourism Council (WTTC) has launched a new ground-breaking report that outlines suggestions and best practices for jurisdictions to handle short-term rentals – a quick rising and vital section of the tourism sector.

The report, ’Best practices for short-term rentals’, developed by WTTC with the help of Airbnb, main international platform for short-term rentals, attracts from the experiences of cities all over the world to supply easy-to-implement best practices for such a lodging, which has develop into a preferred selection amongst travellers.

According to the worldwide tourism physique, the tourism sector’s capability to welcome travellers has elevated due partially to the rising recognition of short-term rentals. The paper suggests short-term rentals have elevated the variety of lodging out there and helps the unfold of tourists in a vacation spot, increasing area people participation in tourism and presents a distinct and typically distinctive choice to travellers.

To assist handle the elevated recognition of those lodging, the report presents case research from locations reminiscent of Cape Town, Sydney, and Seattle, amongst others. It contains easy coverage suggestions reminiscent of information sharing, registration, good taxation, and long-term group funding approaches to learn all Travel & Tourism stakeholders and may inform regulation.

Julia Simpson, WTTC President & CEO, mentioned: “As we begin to recover from the ravages of the pandemic, we must focus on building back better in each of our industries. The best practices offered in this report will provide governments with key policy recommendations that will both promote tourism in their destinations while supporting those local communities. We know travellers are ready to explore the world once again and their return will also help power the world’s much-needed economic recovery.”

The put up WTTC introduces new report on best practices for short-term rentals appeared first on Travel Daily.