Airbnb hopes for official role in S'pore

Firm says it is optimistic about creating partnership and open to talks with Govt on tax collection

Mr Chris Lehane said: "Given that there have been 1.4 million people in Singapore who used Airbnb in the last year, it doesn't make public policy sense to criminalise home sharing. It would make more sense to come up with a framework for the future e
Mr Chris Lehane said: "Given that there have been 1.4 million people in Singapore who used Airbnb in the last year, it doesn't make public policy sense to criminalise home sharing. It would make more sense to come up with a framework for the future economy, and making sure that it will work as well as possible for as many people as possible."PHOTO: NYTIMES

Home-sharing service Airbnb is open to discussing with the Government ways to collect hotel and tourism taxes from its hosts, ahead of a consultation paper setting out a regulatory framework for short-term home sharing to be released by next month, said a top executive.

Since 2014, Airbnb has remitted over US$300 million ($396 million) in hotel and tourist taxes globally.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on March 07, 2018, with the headline 'Airbnb hopes for official role in S'pore'. Subscribe