Diolch, Dirprwy Lywydd. I am pleased to have the opportunity today to provide an update on the steps we are taking to help secure a sustainable and thriving visitor economy that supports and enhances communities across Wales. The visitor economy is rapidly changing, and the role of visitor accommodation presents major challenges for communities across the world. For example, the growth of online booking platforms has brought many benefits, such as new routes to market and increased consumer choice. However, we are aware of the concerns around compliance with existing requirements and the impact of short-term lets on housing stock and our communities.

Our plans to develop a statutory licensing scheme will be focused on levelling the playing field as part of a long-term response to the major challenges that we face. Our co-operation agreement with Plaid Cymru commits to a statutory licensing scheme for holiday lets as part of a package of measures to address the negative impact second homes and short-term holiday lets can have on the availability and affordability of housing for local people in our communities. In July of this year, the First Minister and the leader of Plaid Cymru confirmed plans to introduce a statutory licensing scheme for all visitor accommodation, including short-term lets, making it a requirement to obtain a licence, with the aim of raising standards across the tourism industry.