Airbnb has disrupted and transformed the hospitality industry on a global scale. Its staggering growth especially across emerging markets in the Asia-Pacific region calls into question whether the short-term accommodation business needs to be controlled or monitored through regulation. In this article, Mohamad Izahar Mohamad Izham and Liya Saffura Ab Rashid of the Corporate & Government Advisory Practice of Zaid Ibrahim & Co. (a member of ZICO Law) share their insights and provide an overview of the existing legal frameworks and regulatory trends in relation to short-term accommodation in Malaysia and the Asia-Pacific region.