PETALING JAYA: Regulations for short-term residential accommodation (STRA) must be implemented soon to level the playing field and address the risks in the home-sharing business, say hotel operators. “At the moment, STRA does not contribute any taxes or legal compliance fees to the government.
“Once STRA is officially regulated, it can contribute to growing a specific target market of tourists who prefer large home accommodation that is not of the typical hotel market.
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