Calls grow for Airbnb to be regulated
REPORTS that accommodation website Airbnb is now a $ 25 billion business have spurred Tourism Accommodation Australia into taking action to try to regulate the booming industry.
The valuation from business researcher PrivCo follows phenomenal growth in Airbnb since it started in San Francisco in 2008.
The website now has listings in more than 34,000 cities and 190 countries, including thousands throughout Australia. Sydney has the largest number of Airbnb properties in Australia, with an estimated 10,023, followed by Melbourne with 5388, Perth with 1838, Brisbane with 1405, the Gold CoastTweed region with 1266 and Adelaide with 766.
In a series of submissions to State and Federal governments, TAA seeks to have laws introduced requiring the registration of rooms that are let on a commercial short- term basis by individuals. TAA Chairman Martin Ferguson said Airbnb had grown at such a rate it now threatened the livelihood of regulated tourism providers.