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- New report shows how short-term rentals can help meet demand during LA28
New report shows how short-term rentals can help meet demand during LA28
Summary
A Deloitte report analyzes the lodging demand surge anticipated for the LA28 Olympic Games in Los Angeles and Orange County. It projects a potential shortage of up to 320,000 lodging options on peak days. The report highlights how strategic short-term rental policies can accommodate visitors, generate significant economic activity, and benefit local communities.
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.
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