Bahamas Airbnb
News

Bahamas, Airbnb Sign Memorandum of Understanding

By: Caribbean Journal Staff - August 10, 2017

By the Caribbean Journal staff

The Bahamas has become the latest Caribbean tourism destination to sign a high-profile agreement with home-sharing giant Airbnb.

The two sides signed a memorandum of understanding this week focusing on areas like the sharing of aggregate Airbnb Bahamas data, provision of information to Airbnb on Bahamian laws and the exploration of Airbnb’s collection and remittance of applicable taxes.

“In acknowledging this reality and seeking to manage and shape it for the benefit of all stakeholders involved, the Ministry has sought out partnership with Airbnb Inc., a key player in the global home sharing economy,” said Bahamas Tourism Minister Dionisio D’Aguilar.

There are currently around 1,900 listings on Airbnb’s platform, with the average Airbnb host earning around $6,000 per year, according to Airbnb.

The average Airbnb guest in the Bahamas stays for 4.6 nights, according to the data.

“When we consider the entire home-sharing market in The Bahamas, the actual numbers of operators of vacation home rentals are much higher, taking into account that Airbnb is not the only booking website that hosts use,” D’Aguilar said.

The Bahamas is currently crafting new legislation to regulate the home-sharing sector, the Minister said, aimed at clarifying many of the “murky issues now plaguing this sector.”

“It will set the standards and best practices to facilitate the sector in preserving the reputation of our destination brand,” he said. “In short, the new legislation will put in place a modern regulatory framework within which vacation home rentals can operate as an integral part of our tourism sector.”

Popular Posts w punta cana

A New All-Inclusive W Hotel Is Opening This Year in Punta Cana 

The first-ever all-inclusive W Hotel in the Caribbean is opening this year in Punta Cana, Dominican Republic, Caribbean Journal has learned.  The hotel, part of a broad expansion for parent company Marriott International, is on the list of expected 2024 […]


Why Grenada Is a New Caribbean Luxury Hotspot

beach house silversands

From its world-renowned chocolate to its pristine beaches to a region-leading focus on sustainability, Grenada is as fascinating and unique as destination as you’ll find in the Caribbean.  But in the last few years, the lush Eastern Caribberan island has […]


5 Adults-Only Resorts to Visit Right Now in the Caribbean 

galley bay

Sometimes you just want that extra degree of serenity, of privacy, of seclusion. There is a reason, after all, that adults-only resorts are booming in popularity, particularly in the Caribbean: travelers want to know that when they arrive, they know […]


Related Posts nobu los cabos

Frontier Is Adding a New Nonstop Flight to Los Cabos 

It’s one of the most popular hotel destinations in Mexico: Los Cabos, which has seen a broad boom in recent years with the entry to market of brands like Nobu, Thompson, Marriott and Waldorf Astoria, among others.  That has led, […]


This Former Caribbean Rockefeller Resort Is for Sale

caribbean rockefeller resort

In 1986, Laurance Rockefeller, the founder of Rock Resorts, developed 27 acres of prime beachfront land into what was for decades one of the sought after places to stay in the Caribbean. Now, the four-star, 150-room resort is for sale, […]


Vote for the 2024 Caribbean Green Awards, from Green Energy to Sustainable Hotels

caribbean green

Hotels serving organic food grown by local farmers. Airports powered by large solar fields. Pristine coastlines protected by marine parks. Real estate developments fueled by clean energy. It’s an exciting time for the Green movement in the Caribbean, a region […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You