PETALING JAYA: The Malaysia Budget and Business Hotel Association (Mybha) fully supports the Penang government's move to regulate short-term rental (STR) accommodation on the island.
said the move would have a positive impact on the state's hospitality and tourism industry.
He said Penang is the first state to take the initiative in ensuring that the STR business was regulated."Reasonable income and profits will help hoteliers provide good hospitality and tourism services as well as assist the government to collect higher taxes. MBPP announced on Thursday that it was banning all forms of short-term rentals, including those found on Airbnb and Booking.com, at private residential properties on the island.
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