Anguilla is the latest Caribbean destination to sign with Airbnb in an initiative to promote the island, create a framework for a dialogue about regulation and share data about home sharing.

The agreement follows similar pacts signed recently between Airbnb and Aruba, Bermuda, Curacao, Jamaica and the Caribbean Tourism Organization.

"This agreement will have the effect of affording Anguillians an opportunity to be involved in the tourism accommodation sector, giving credence to the statement that tourism is everybody's business," said Victor Banks, chief minister and minister of tourism.

Banks said that Airbnb represent a new trend in the delivery of tourism experiences to travelers.

Airbnb currently has 300 listings on Anguilla and a typical host had annual earnings of $4,400 in 2016.

The agreement will focus on how locals can participate in the economic benefits of tourism while promoting the island's history and culture.

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