MyBHA asks govt to address hospitality industry issues

MyBHA said that taxes have been lost due to the failure to take early action against threats to the industry.

PETALING JAYA: Malaysia Budget and Business Hotel Association (MyBHA) says the government should introduce a more effective budget in solving threats to the hospitality industry and recover tax revenue leakages as efforts to restore industry capacity.

MyBHA said in a statement that taxes have been lost due to the failure to take early action against threats to the industry due to the lack of specific law reforms to regulate short-term residential accommodation (STRA) and all types of online travel agencies (OTAs).