MEXICO CITY, April 4 (Reuters) - Mexico's capital
revised regulations for rental platforms such as Airbnb ( ABNB ) and
Booking, requiring property owners to report rental occupation
data and comply with local taxes, the official gazette showed on
Thursday.
Mexico has long been a top global tourist destination, famed
for white sand beaches and ancient ruins. In recent years, the
capital Mexico City has emerged as a growing attraction for both
travelers and so-called digital nomads who can work remotely.
The growth in foreigners in Mexico's capital,
concentrated in a handful of neighborhoods, has also stoked a
backlash, with some locals complaining that popular apps like
Airbnb ( ABNB ), Booking and Trivago
contribute to gentrification and spiking housing costs.
Under the new rules, hosts will have to sign on to a
registry to operate and need to update it every two years with
information such as how many times it has been occupied and
complaints received.
Tourism contributes more than 9% of economic activity in
the capital, known for numerous cultural attractions, its food
scene and temperate climate.