The hotel industry is undergoing a rapid transformation in the last decade and the Australian government is expected to set up a new regulatory framework for the business in 2018.
Key points:Hoteliers will need to make sure their mobile apps are compliant with the latest legislationThe industry is expected the government will create a regulatory framework to oversee the industry, as well as help it address the challenges posed by the rising number of new mobile appsHotel owners will be required to submit a financial statement every quarterHotel operators will have to provide a “safety and security plan” to ensure guests are safe and secureSource:APA reportA draft regulatory framework will be drawn up by the Department of Home Affairs, and the government has until December to finalise it.
The new regulations are expected to provide for a number of changes, including more flexible mobile app licensing rules and a requirement that hotel operators submit a monthly financial statement.
The Australian Bureau of Statistics says there were 5.3 million Airbnb guests in the country in February, up from 4.8 million in the previous month.
The report also showed that the average cost of accommodation for a short stay stayed at an average of $2,700, while a one-night stay for a stay of three nights was $3,400.
There were also increases in the number of hotel rooms rented out to new Airbnb hosts, which is expected increase by more than 50 per cent over the next three years.