BFM 89.9
The Business Station
BFM 89.9
The Business Station
Short-Term Rental Stays: Boon or Bane?
Short-Term Rental Stays: Boon or Bane?
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20 mins
20 mins
23 mins
Guest: Chan Ai Cheng, President, Malaysian Institute of Estate Agents, Nadge Ariffin, Tourism Consultant and Heritage and Gastronomy Historian
The Penang state exco has announced plans to ban short-term rentals and homestays, following complaints from residents' groups. First, we look at how short-term rentals impact residents and communities. Then, we explore the value that it adds to the tourism sector and alternatives to implementing a blanket ban.
Image source: Tierra Mallorca, Unsplash
Presenter: Lee Chwi Lynn, Sharmilla Ganesan
Producer: Jeremy Ng, Lee Chwi Lynn, Sharmilla Ganesan
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