- December 14, 2022
- Posted by: BTB Admin
- Category: Business plans, News, Policies
The Registrar of Hotels hereby reminds owners of Strata Titles that are placing their properties for rental for tourism accommodation purposes that the Belize Tourism Board’s (BTB) policy for Strata Corporation is as follows:
- For administrative reasons such as compliance with the Hotels and Tourist Accommodation Minimum Standards Regulations, auditing, and tax collection, the BTB maintains that only ONE license will be issued per person/management company/proprietor in relation to a strata lot operating under a selected name. This means that the BTB views the entire strata lot as one property and will only issue ONE license to said property.
- The result of this policy is that individual unit owners CANNOT obtain a tourist accommodation license and, if they want to rent out their unit as a tourist accommodation, they must use the one rental pool company or management company that the strata corporation agrees to, so there can only be one management company operating in one strata complex.
The BTB is aware that some strata unit owners may be selling/offering their individual units through online travel agents like Airbnb, VRBO, etc. separate and apart from the officially licensed property manager or management company for the respective strata property. Such actions are in full contravention of the above policy. Kindly be reminded that only the rental pool company or management company for the strata corporation which holds the BTB’s Hotel and Accommodation License is able to sell room units for tourism accommodation purposes.
The BTB also hereby reiterates that such actions are in full contravention of section 27 (1) of the Hotels and Tourist Accommodation Act, Chapter 285 of the Laws of Belize, and those found to be in contravention may be liable to a fine of up to ten thousand dollars and/or to imprisonment for a term not exceeding three years.
For any further information on the Strata Corporation Policy of the Belize Tourism Board, kindly contact [email protected] or +501-227-2420.
Yours in Tourism,
Belize Tourism Board