ROAD TOWN, British Virgin Islands, Monday December 24, 2018 – Homestay provider Airbnb has signed a Memorandum of Understanding (MOU) with the British Virgin Islands (BVI) to collaborate on areas of common interest.
The BVI is the latest Caribbean destination to formalize an agreement with Airbnb, with 16 collaboration or voluntary tax collection agreements signed within the last two years.
Through the partnership with BVI, Airbnb will explore providing support through multiple initiatives, including Airbnb’s Open Homes Programme.
Commenting on the signing of the agreement, BVI Director of Tourism Sharon Flax Brutus said: “We are pleased to be a formal part of the Airbnb network. We think Airbnb properties present a fabulous opportunity for home share guests to be able to experience authentic British Virgin Islands culture and lifestyle.”
Airbnb plays an increasingly important role in BVI’s tourism sector with over 100 hosts throughout the archipelagic nation earning substantial annual receipts.
“Airbnb is proud to partner with the BVI Tourist Board to diversify the local tourism product through home sharing,” said Carlos Munoz, Campaign Manager, Public Policy and Communications for the Caribbean and Central America. “This partnership will help to strengthen tourism development, one of the nation’s largest economic sectors, and generate economic opportunity throughout the islands.”
Over 2,000 guests booked accommodation through Airbnb between July 2017 and July 2018, with an average stay of four days. The income generated by these visits has helped Virgin Islanders rebuild after the catastrophic 2017 hurricane season that crippled the islands and accounted for more than US$3.6 billion in damages.
Airbnb says it will continue to collaborate with governments in the region to support healthy tourism growth through destination marketing and inclusive, sustainable tourism initiatives that democratize the tourism product and empower locals.