View Royal to halt short-term rental ban enforcement during FIFA world cup - CFAX 1070
Summary
View Royal, a city in Canada, will temporarily halt short-term rental ban enforcement during the FIFA World Cup. This means hosts in the area will not face penalties for operating STRs during the event. This allows hosts in View Royal to capitalize on the influx of visitors, boosting occupancy during the tournament.
Key Insights
- •The enforcement halt is temporary, specifically for the duration of the FIFA World Cup.
- •View Royal is halting short-term rental ban enforcement.
Action Items
- ✓Hosts in View Royal should confirm their understanding of the temporary suspension and related local rules.Effort: lowImpact: medium
Common Mistakes
- ⚠Hosts should not assume permanent relaxation of regulations. Ensure they understand the limited scope of the temporary enforcement halt.
More from Regulations & Compliance
Arizona Rep. Bliss's bill regarding short-term rentals has passed, signaling potential changes to the regulatory landscape for hosts in the state. This legislative development could impact operational requirements and potentially the profitability of short-term rental businesses within Arizona. Hosts should stay informed about the specifics to ensure compliance.
Annapolis, MD, is experiencing a surge in short-term rental license applications, indicating increased interest in the STR market. This rise follows efforts to improve compliance with local regulations. Hosts should familiarize themselves with new permit requirements to avoid potential penalties and ensure smooth operations.
This article discusses the construction of more rental homes near transit in Burnaby. The focus is on increasing housing supply near public transportation. While specific STR implications are not detailed, it implies a changing landscape for residential real estate and potentially offers insights into future housing trends that may affect hosts in areas around Burnaby.
Curated by Learn STR by GoStudioM