News about Airbnb

The guide provides strata hosts, property managers, joint management bodies (JMB), management corporations (MC) and developers with a toolkit of resources to conduct short-term rentals responsibly in their apartment buildings and condominiums.

E&O executive chairman Datuk Tee Eng Ho: Whichever condominium without Airbnb, their property price goes up, rental even much better.

PLANMalaysia has conducted a series of engagements with stakeholders including federal government agencies, state and local authorities, online travel platforms, hoteliers and host associations.

The digital nomad-friendly Airbnb listings will be located in key tourism hotspots such as Kuala Lumpur, Johor Bahru, Penang and Langkawi.

Airbnb stated that Chinese travellers are increasingly considering a wider variety of destinations including Malaysia, which recorded more than 10x increases in guest searches on Airbnb year-on-year.

Local Government Development Minister Nga Kor Ming said the guidelines and regulations will be included in the Cabinet Ministers Memorandum paper, led by the Ministry of Tourism, Arts and Culture, to deal with issues that occur at the operational and implementation levels of short-term rental accommodation KUALA LUMPUR (Feb 22): The government is working on a comprehensive short-term rental accommodation (STRA) guide that will be adopted by all local governments in Malaysia, said Local Government Development Minister Nga Kor Ming (pictured).

“In Penang, for example, the blanket ban that they proposed is probably a regulation that doesn’t make a lot of sense because there have to be ways in which challenges can be managed without an activity being banned, which is why we are suggesting that the existing Strata Management Act 2013 (SMA2013) be used at a building level to pass bylaws that are suited for the specific buildings instead.

“The current guidelines proposed by the Penang government in July 2022 pose severe constraints on domestic and international travel to Penang; and will be detrimental to the state’s tourism industry and long-term economic growth.

KL is “pulling ahead of other popular tourist destinations around the world”.

“43% of homeowners in Malaysia surveyed have considered hosting to take advantage of the new appetite for travel.