Holiday Rentals Industry Brings in Code of Conduct

A new Holiday Rental Code of Conduct, has just been announced and marks a significant landmark for the growing holiday rentals industry.

The code of conduct has been devised by an industry group comprising Stayz P/L; (owned and operated by Fairfax), the Real Estate Institute of NSW; Holiday Letting Organisation Central Coast; Holiday Letting Organisation Byron Bay; and and TakeABreak (owned and operated by Occupancy P/L).

The code is to promote effective self regulation in the management of holiday rental properties. Industry operators have come together to develop standards and industry practices that satisfy the needs of local communities, property owners, tourism operators and guests.

The initiative, which has been welcomed by the NSW government, recognises that holiday rental dwellings make a positive sustainable contribution to local tourism and communities and as such they should be managed effectively so as to minimise any adverse social or environmental impacts. The Code, effective 31 May 2012, addresses the impact of property amenities and factors including noise, guest over crowding, garbage and car parking.

The industry group worked with the NSW Department of Planning and Infrastructure and Destination NSW to develop the code. The Local Government and Shires Associations of NSW were consulted during the development of the code.

Justin Butterworth, Stayz Group business development director comments, “The short term rental of houses and apartments to holiday makers, business and educational visitors makes an important contribution to the local as well as the broader state and national economies. This new, self-regulatory code will act as an effective and robust instrument for ensuring holiday rental properties provide a real net benefit to the community while also enabling this important part of the tourism industry to develop sustainably.”

“By encouraging and promoting responsible and effective self regulation, we are assisting the holiday letting sector to grow sustainably and continue to deliver real benefits to the community and economy,” said REINSW CEO Tim McKibbin.

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