{"id":20530,"date":"2017-07-26T12:39:47","date_gmt":"2017-07-26T17:39:47","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=20530"},"modified":"2017-07-26T12:39:47","modified_gmt":"2017-07-26T17:39:47","slug":"mexico-city-airbnbs-fastest-growing-market-despite-experimental-hotel-tax","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/mexico-city-airbnbs-fastest-growing-market-despite-experimental-hotel-tax\/","title":{"rendered":"Mexico City Is Airbnb\u2019s Fastest-Growing Market Despite Experimental Hotel Tax"},"content":{"rendered":"

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Airbnb<\/a> has been very successful\u00a0in many parts of the world, but one of its fastest-growing markets has been\u00a0Mexico City, where activity\u00a0nearly tripled in 2016.<\/p>\n

In early 2017, Airbnb opened its offices in Mexico City and to avoid the controversies that have occurred in other parts of the world, it made an agreement with the local government to\u00a0collect and pay\u00a0a rental tax of three percent, like hotels.<\/p>\n

Many consider it a test to see if\u00a0the company can follow through on its promises and avoid legal problems it has faced in other parts of the world such as New York City and Barcelona. In those cities,\u00a0hotel owners have fought for equal regulation to make the market fairer. If the experiment goes well in Mexico, the tax could go into effect\u00a0in other locations.<\/p>\n

\u201cWe want to strike the right balance between pleasing governments and our users,\u201d said Airbnb co-founder Nathan Blecharczyk during an interview\u00a0with Bloomberg in San Francisco, California.\u00a0\u201cIf there are concerns, we can work together.\u201d<\/p>\n

Between June 2016 and May 2017, the platform recorded 1.5 million visits to Mexico City. Travel to the interior of Mexico increased at the beginning of this year\u00a0because the depreciation of the peso lowered\u00a0costs for foreign visitors.<\/p>\n

\u201cWe have quite large numbers in Mexico,\u201d Blecharczyk said. \u201cSharing houses is very popular there and the local government is enthusiastic about the benefits we can bring.\u201d<\/p>\n

On the other hand, Alberto Albarr\u00e1n, General Director of the Hotel Association of Mexico City, said the fact that Airbnb has chosen to pay the tax is a \u201cpositive\u201d measure, but not a sufficient one. \u201cWe still have to pay for licenses, social security, income tax, fire alarms, seismic alarms and payrolls, just to name a few of the things that they do not.\u201d<\/p>\n

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According to Blecharczyk, Mexico has served the company well, as there are currently 73,000 properties registered there, with Quintana Roo \u2014 where Cancun, Playa del Carmen and Tulum are located \u2014 topping the list of most popular destinations.<\/p>\n

\u201cMexico has beautiful heritage cities, great history and ruins, but perhaps not a great infrastructure to support tourism,\u201d said Blecharczyk.\u00a0\u201cThere has been a lot of interest in promoting national destinations and Airbnb is a great way to do it. It can help expand tourism in a sustainable way. \u201d<\/p>\n

Source: El Financiero Bloomberg<\/a>\u00a0 Elena Toledo<\/p>\n<\/section>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

  Airbnb has been very successful\u00a0in many parts of the world, but one of its fastest-growing markets has<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-20530","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"\nMexico City Is Airbnb\u2019s Fastest-Growing Market Despite 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