If you're an Airbnb host you should take note: you might soon be prevented from renting out your property for as long as you like.you should take note: You might soon be prevented from renting out your property for as long as you like.It means short-term home rentals will fall under the Tourism Act.
The Tourism Business Council of South Africa says this will level the playing field by ensuring Airbnbs, hotels and guesthouses all follow the same rules.But it adds this needs to be done in a way that doesn't stifle growth. Some business organisations are opposed to the changes, saying it limits what private homeowners can do in the short term home rental space.
Airbnb says its platform accounts for less than one in eight visitors to South Africa but claims it's helped boost the country's economy.
That’s bad why? 😰
Regulation must not be used as a tool to fight healthy business competition, it's just a disruption that takes money from big business
Got to love that nanny state. Just another reason to vote A_C_D_P on 8 May.
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