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Nurturing Short-Term Rentals in Thailand

Nurturing Short-Term Rentals in Thailand DOWNLOAD (427 KB)

Publication Type:

Brief

Publisher:

Asian Development Bank (ADB)


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Measures to ensure providers of short-term rentals are fully regulated would improve quality assurance, increase public revenues, and help entrepreneurs access financing.

Short-term rentals are an important part of Thailand’s tourism accommodations system. However, many of the more than 92,000 properties offered by online travel agents in 2023 were unlicensed, creating regulatory and quality assurance challenges for the government and the private sector.

This brief analyzes the importance of Thailand’s short-term rentals to tourism and shows why measures to ensure providers are fully regulated would improve quality assurance, increase public revenues, and help entrepreneurs access financing.