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- Airbnb could lose thousands of NYC listings under new measure - HOTELS Magazine
Airbnb could lose thousands of NYC listings under new measure - HOTELS Magazine
Summary
A new measure in New York City could lead to a significant reduction in the number of Airbnb listings. Hosts in NYC should monitor for updates on these regulations to understand how they may be affected.
Key Insights
- •Airbnb could lose thousands of listings due to a new measure.
Action Items
- ✓Hosts should stay informed on the new measure and its impact on their listing's compliance.Effort: lowImpact: medium
Common Mistakes
- ⚠Failure to comply with new regulations could result in delisting or fines.
More from Regulations & Compliance
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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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