Tourism Accommodation Australia & Stayz announce world-first agreement on regulation of short-term accommodation sector

06 Apr 2017  2103 | World Travel News

In a world first, Australia's peak accommodation body, Tourism Accommodation Australia (TAA), and Stayz, the largest Australian short-term rental platform, announced that they have struck a common position on regulation of the short-term accommodation sector in New South Wales.

The joint TAA and Stayz position calls for the NSW Government to support the healthy growth of the NSW visitor economy by:

  • Introducing restrictions on short-term rentals in residential buildings in metropolitan areas in order to mitigate the effects that such rentals have on housing affordability and accessibility;
  • Introducing measures to increase transparency and data-sharing across the entire accommodation sector in order to better inform government and industry planning;
  • Limiting the regulatory impact on regional areas, where short term rentals play an important role in supporting local economies and promoting growth of regional tourism;
  • Establishing measures to ensure environmental, health, safety and amenity issues are appropriately managed.

The agreement is the first of its kind globally struck between an accommodation association and a short term rental platform regarding regulation of short-term rentals.

Carol Giuseppi, CEO of Tourism Accommodation Australia, said: "These measures would provide certainty for operators across the accommodation sector, and encourage investment, employment and sustainable growth in the visitor economy."

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