A press release on Friday said that through the partnership, GSB will help ensure better funding for hospitality entrepreneurs by providing flexible-interest rate loans and instalment plans. Airbnb will work with GSB to help build capacity through hospitality and hosting training while connecting homestay owners to its worldwide platform and marketplace network of over 500 million guests. As part of the launch pilot, Airbnb and GSB trained GSB officials and 29 local homestay groups, including the participants of GSB’s ‘Smart Homestay 2018 Competition’, which recognised outstanding homestays in different provinces across Thailand. The partnership will support local sustainable tourism while diversifying income distribution to communities across Thailand, in alignment with the Thai Government's initiative to drive local economic growth in secondary cities through tourism. Specifically, both GSB and Airbnb pledged to expand business opportunities for Thai hospitality micro-entrepreneurs to help generate income for local communities.

Source: The Nation Bangkok May 17, 2019 10:41 UTC