Developer plans to continue Airbnb-to-hotel plan; application is 'incomplete,' city says - The Asheville Citizen Times
Summary
A developer in Asheville, NC is continuing with an Airbnb-to-hotel plan, but the application is incomplete. Hosts should stay informed about potential conversions in their areas, as this could impact the local STR market and available inventory.
Key Insights
- •The developer is pursuing an Airbnb-to-hotel conversion plan.
Action Items
- ✓Monitor local news and planning/zoning board updates in your area for similar developments.Effort: lowImpact: medium
Common Mistakes
- ⚠Not being aware of local development plans that may impact the STR market.
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