Hospitality

Airbnb, OYO pitch in to frame regulations

DELHI: Alternative accommodation major Airbnb is working with other online aggregators to put together recommendations for the government before India comes out with its own set of regulatory frameworks for the industry.

“We are evolving a set of recommendations with other companies because everyone wants to learn from each other and we want to make sure that once the regulations come out, all the concerns are taken care of. We are working to evolve a set of recommendations which work for all,” said Amanpreet Bajaj, country manager, Airbnb India, reports The Economic Times.

ET had reported this month that the ministry of tourism is currently in discussions to issue draft guidelines for accrediting online platforms that have home-stay owners and hotels registered with them: The guidelines would help address concerns over quality and security.

With this move, India would join the US, France, Germany, or Singapore in creating guidelines for aggregators such as Airbnb and OYO, which confirmed that the company is working with Airbnb.

“We are among the lead players providing recommendations on creating a policy that ensures and enables quality experiences for home-stay guests across the country,” said Ritesh Agarwal, founder, OYO. “We believe there is a huge opportunity to standardize and onboard new supply with this policy.”

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