Airbnb and HomeAway will be regulated by the Mexican government

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Both Airbnb and HomeAway will have to start paying taxes within Mexican territory in order to continue operating in the region.

Airbnb is one of the companies that remains unregulated in Mexico and will soon be paying taxes by the end of the year.

Obviously, you shouldn't user the services of companies that do not pay taxes to the government. That's why they decided to get to work to start charging Airbnb as soon as possible.

This regulation will put companies like HomeAway and Airbnb back on the right track within the next six months.

Airbnb Mexico

Of course, the main goal and the reason the government is finally putting a regulation onto companies like Airbnb is to start collecting taxes. But to be more specific, it is to be able to raise around 6,200 million pesos (approximately $325 million) to invest in Mexico's tourism abroad.

That means that tourism is planning to rise after campaigns abroad have been halted since the arrival of the new administration. Which has caused the hotel industry to have passenger losses of approximately 30%.

Being that last year Airbnb registered about 5 million travelers who stayed in one of their accommodations. This resulted in about 2.7 million dollars lost to the Mexican government.

And to make sure none is wasted, the regulation of this hosting service is already in process, starting with Airbnb. They are also already looking at HomeAway, which offers services of the same nature as the aforementioned company.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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