Will Hilton Head’s new rules lower the number of short-term rentals? Here’s the early data - Hilton Head Island Packet
Summary
This article discusses the early impact of new short-term rental regulations in Hilton Head. Hosts should pay attention to how new local rules may affect occupancy and the overall number of STRs in the area, as it can indicate possible trends in other markets.
Key Insights
- •The article likely provides data on how the new rules have affected the number of short-term rentals.
Action Items
- ✓Hosts in areas with new or changing regulations should research their local ordinances to stay compliant.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to comply with new short-term rental regulations can result in fines and potential loss of the ability to operate.
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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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