Insight
Myrtle Beach is enacting a ban on converting properties into short-term rentals, impacting the supply of STRs.
Myrtle Beach to ban converting short-term rentals. What does this mean for hotel owners?
Summary
Myrtle Beach is banning the conversion of properties into short-term rentals. This means existing and potential STR owners in Myrtle Beach should understand how this impacts their investments and the local market. Further investigation into the specific regulations is recommended.
Key takeaway