Blanket ban on short-term rentals threatens recovery of tourism industry, says Airbnb

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It says the move will hurt property owners and affect thousands of jobs. FMTNews AirBnb Penang Tourism

Plans are being drawn up to allow condominiums to ban short-term rentals and homestays through their house rules.

This comes after the Penang state assembly heard yesterday that plans were being drawn up to allow condominiums to ban short-term rentals and homestays through their house rules. Airbnb said it had previously welcomed the Malaysia Productivity Corporation’s new guidelines for short-term accommodation, which provided an opportunity for the government to grow tourism while ensuring compliance through regulation.

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