The standardization of several issues including regulations, licensing and taxes involving the hotel sector and global online accommodation service provider, Airbnb will be finalized by the end of this year.

Housing and Local Government Minister Zuraida Kamaruddin (pictured) said the standardization should take into account various aspects and determine the best methods that can be beneficial to both parties, as the Airbnb sector also has the potential to contribute to the national economy.

“The matter is still under discussion as to how we want to classify Airbnb and it takes into account the agreement to allow private homes to be involved with the sector as well as discussions with the management bodies in housing estates.

“It involves the Housing and Local Government Ministry together with the Tourism, Arts and Culture Ministry, the state government and the Malaysian Productivity Corporation (MPC) to find a way on how we can standardize the issue as a whole,” she told reporters after the Inauguration Ceremony of the Taman Murai Jaya Community Hub, Durian Tunggal yesterday.

On Monday, Minister in the Prime Minister’s Department (Economic Affairs) Datuk Seri Mustapa Mohamed was reported to have said that the government would finalize the standardization of a number of issues including regulations and taxes involving hotels and Airbnb, in an effort to help the sector which was severely affected by Covid-19.

Source: EdgeProp.my