Kenya's short-term rental sector stands at crossroads
Nairobi, Jan. 24 -- All 'airbnb' investors in Nairobi-and soon across the country- will be required to register a business, then present relevant documentation to the Tourism Regulatory Authority (TRA)- including a lease agreement where the landlord expressly agrees to a term rental business, have the unit and amenities inspected for safety before a licence to operate is issued.
These revelations follow discussions in a meeting recently held between short-term rental sector investors in Nairobi under the Vacation Cribs Association of Kenya (Cavak), a voluntary umbrella body, and Norbert Talam, the director-general of TRA.
"A new draft legislation will be out soon and will be subject to public participation before being formally adopted,...
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