Stowe leaders consider cap on short-term rentals - WCAX
3 months agoStowe, VTScore: 85
Summary
Stowe, Vermont, is considering implementing a cap on short-term rentals. Hosts in Stowe should monitor local news and government websites for updates on proposed regulations and prepare for potential changes to their STR operations.
Key Insights
- •Stowe leaders are considering a cap on short-term rentals, indicating potential restrictions on the number of STRs allowed.
Action Items
- ✓Hosts in Stowe should regularly check the local government's website and news outlets for updates on the proposed cap and other potential regulations.Effort: lowImpact: medium
- ✓Hosts should review their current rental practices and financials to assess the impact of a potential cap on their business.Effort: mediumImpact: medium
Watch Out For
- ⚠Failing to comply with new STR regulations in Stowe could result in fines or the inability to operate.