City expects ‘influx’ of interest in STR permits when moratorium ends - AspenTimes.com
Summary
This article discusses the expected surge in interest for short-term rental permits in Aspen, CO, once the current moratorium ends. Hosts in Aspen should prepare for increased competition and potential regulatory changes.
Key Insights
- •The city anticipates a rise in applications for STR permits once the moratorium concludes.
Action Items
- ✓Hosts in Aspen should research local permit requirements and prepare their properties for potential inspections.Effort: mediumImpact: medium
Common Mistakes
- ⚠Failing to secure the necessary permits could result in fines or the inability to operate legally.
More from Regulations & Compliance
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A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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