Thumbs up for short-term rentals to reduce glut: Airbnb survey
PETALING JAYA: Around 80% of respondents in a survey commissioned by Airbnb believe that Malaysians should be allowed to use excess vacant apartments as short-term rentals to combat the ongoing property overhang, especially in places like Penang, Johor , Kuala Lumpur and Selangor.
The survey results indicated a strong local consensus that short-term rental housing benefits local communities. More than two-thirds agree that it creates an economic boost in neighborhoods, and 62% of respondents believe that, overall, short-term rental accommodation generates benefits not only for hosts, but also for community businesses.
Among those surveyed, more than 60% of Malaysians support allowing residents of their city to rent their homes on Airbnb, and believe that residents renting their homes has a positive impact on Malaysia and people. local communities.
The survey also revealed that more than half of all respondents are likely to stay in short-term rental accommodation when traveling domestically. More than two-thirds (68%) of Malaysians are likely to use Airbnb on their next trip, and 44% of respondents are also likely to host on Airbnb in the next 12 months.
Mich Goh, Airbnb’s Public Policy Manager for Southeast Asia (picture), said short-term rental housing has been a key contributor to the Malaysian economy over the years.
“Malaysians believe that short-term rental accommodation generates positive outcomes for communities, with local and international customers using Airbnb to travel to Malaysia and Malaysia. The accommodation has already enabled thousands of Malaysians to host guests in their homes every day, with many more planning to do so in the near future.
“We need a clear, simple and effective national framework that allows ordinary Malays across the country to host with us. Airbnb is committed to continuing to work with the government towards this. We also remain focused on the support for the return of travel and on preparing our community to welcome travelers safely and responsibly,” she added.
This survey was conducted among 1,020 Malaysians between December 23, 2021 and January 14, 2022, indicating how Malaysians believe that short-term rental accommodation generates positive outcomes for communities, as customers from domestic and international markets continue support the country’s economic recovery.
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