The activities of the Short-Term Rentals hosts remain to a large extent unregulated or underregulated. We see the tremendous growth of the Short-Term Rentals industry as a global phenomenon, driven by platform-driven search and booking websites which have greatly facilitated the growth of offer and demand, appealing to consumers of all backgrounds and nationalities, and offering possibilities for types of property owners to generate income. As major facilitators and developers of Short-Term Rentals services, we believe that platforms should also play a key role in supporting regulatory compliance by Short-Term Rentals hosts. Global ReformBnB will advocate for the implementation of our Kyoto updated STR guidelines.
