Dr Sri Ganesh

The Malaysia Budget & Business Hotel Association (MyBHA)¬†fully supports and thank the efforts of the Penang state government which had successfully introduced a regulation to regulate the Short-Term Rental Accommodation (STRA) which will directly help to restore the hospitality and tourism Industry in Penang in addition towards increasing the government’s taxable income and hotel fees that have been introduced by the State Government.

“A Short-Term Rental Accommodation (STRA) is a business that does not have laws or regulations to regulate the business and the unlicensed business is an illegal business.

“The Penang State Government has become the first state government that has taken a firm initiative in ensuring that the Short-Term Rental Accommodation (STRA) business is regulated and this action has given a positive impression to the operators of the hospitality industry of which the Penang State Government is a government that will protect the Tourism and Hospitality Industry within the State.

“Reasonable income and profits will help Hoteliers to provide good hospitality and tourism services as well as assist the Government to collect higher taxes that can be used to improve the image of the Hospitality and Tourism Industry.

“Therefore, we urge all State Governments to take the same initiative to regulate Short-Term Rental Accommodations (STRA) in their respective States as soon as possible,” said MyBha president Dr Sri Ganesh Michel in a press statement.