Insights

CIH calls for "Tourism Tax" to curb home sharing economy

8/04/2019

Controversially, the Chartered Institute of Housing has called for a tourist tax as part of the proposed regulation of Airbnb-style short-term lets of residential premises.

Whilst the UK hospitality industry has been calling for some time for stricter controls (and enforcement of the existing rules) on the "home sharing economy", a tourism tax would have a wider impact on the regulated sector and is unlikely to be welcomed by the hospitality industry as a whole. 

Airbnb has recently taken steps to move closer to a management model recently by taking a stake in Indian operator OYO.

Quote mark icon

The Chartered Institute of Housing has called for regulation of Airbnb-style short-term lets to protect the private rented sector and longer-term rental residents. It recommended a “modest tourism tax”, caps in the planning system and better data for local authorities to keep track of short-term let growth.

https://www.egi.co.uk/news/cih-calls-for-tourism-tax-and-regulation-to-curb-short-term-rentals/