$60M: Hilton Head and Port Royal are 2 of 16 resort towns to share big Airbnb settlement. - Hilton Head Island Packet
Summary
Hilton Head and Port Royal, along with 14 other resort towns, will be sharing a significant Airbnb settlement of $60 million. This news is relevant to hosts as it highlights the impact of settlements within the STR industry.
Key Insights
- •Hilton Head and Port Royal, along with 14 other resort towns, are involved in a $60 million Airbnb settlement.
Action Items
- ✓Hosts should stay informed about local regulations and potential settlements that could impact their operations.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to stay informed about local regulations and settlements can lead to unexpected operational changes.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
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.
Curated by Learn STR by GoStudioM