Airbnb and IDB team up to promote sustainable tourism in Latin America and the Caribbean

In an effort to promote sustainable development in Latin America, Airbnb signed a regional Memorandum of Understanding (MoU) with the Inter-American Development Bank (IDB).

As part of this agreement, Airbnb and the IDB will study the impact home sharing has on local communities, exchanging Airbnb aggregate data on a regular basis, as well as aggregate information on travel trends across Latin America and the Caribbean.

In addition, Airbnb and IDB will organize forums to discuss and analyze policy approaches to the sharing economy and other innovative models in sectors such as tourism, as well as their impact in the region.

“Tourism is an important source of employment and growth in Latin America and the Caribbean. We will continue promoting sustainable tourism, fostering an inclusive digital economy, and exploring applications of the shared economy that can improve lives through this partnership with Airbnb,” concluded Bernardo Guillamon, Manager of Outreach and Partnerships at the IDB.

“We’ve been working side by side with governments in Latin America and the Caribbean for years. This partnership furthers our commitment to be a good neighbor to the region. We’ve already seen the positive economic impact that home sharing has on communities. We’re excited to partner with the IDB to further study the development impact of home sharing in Latin America and the Caribbean and contribute to development in emerging tourist destinations.” said Bruno Lewicki, Regional Policy Director at Airbnb during the signing event.

The Airbnb platform has given unprecedented scale to home sharing in Latin America and the world, helping unlock authentic experiences, often off the beaten path, helping travelers to eat, sleep and live like locals, and offering communities the opportunity to share in the benefits of tourism. At the same time, it is a good reminder of the potential of the digital and shared economies to drive inclusive and sustainable growth in the region’s communities.

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