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

The submit 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 essential section of the tourism sector.

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

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

To assist tackle the elevated recognition of those lodging, the report provides case research from locations equivalent to Cape Town, Sydney, and Seattle, amongst others. It contains easy coverage suggestions equivalent to information sharing, registration, sensible 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 submit WTTC introduces new report on best practices for short-term rentals appeared first on Travel Daily.