Tenerife Council Aims to Regulate Holiday Rentals in the Canary Islands

SANTA
CRUZ
DE
TENERIFE,
18
Sep.
(EUROPA
PRESS)
–

The
chairwoman
of
the
Tenerife
Island
Council,
Rosa
Dávila,
conveyed
her
optimism
this
Wednesday
regarding
the
holiday
rental
legislation,
which
is
set
to
commence
its
proceedings
in
the
Parliament
of
the
Canary
Islands,
asserting
it
will
bring
“order”
to
this
form
of
tourism.

In
a
press
briefing
to
disclose
the
decisions
made
by
the
Government
Council,
she
highlighted
that
tourist
accommodation
“is
merely
another
offering”
in
the
sector
and
also
signifies
an
additional
“income
stream”
for
small
property
owners,
thus
it
is
“essential”
to
establish
the
regulation
correctly,
particularly
since
Tenerife
holds
45%
of
the
regional
market
share.

She
further
believes
that
the
forthcoming
regulation
should
be
“aligned”
with
the
island’s
tourism
strategy,
ensuring
it
is
“sustainable
and
of
high
quality”
while
also
facilitating
the
equitable
distribution
of
earnings
within
the
tourism
sector.