News
Stay updated with the latest STR industry news and regulations
Nantucket is launching a new program to incentivize homeowners to rent their properties. The program offers up to $18,000 to those who participate, likely aimed at addressing housing supply challenges in the popular vacation destination. The initiative aims to maintain and expand the available rental pool.
Oak Bay, Canada is taking steps to loosen restrictions on short-term rentals. This signals a shift in local regulations that could open up opportunities for hosts in the area. Hosts should stay informed about these potential changes and how they might impact their operations and profitability.
Hubbard County waterfront short-term rental licenses peaked in 2024, signaling a potential shift in the local market. This highlights the importance of understanding local permit trends and adapting to potential changes in regulations. Hosts should monitor license availability and consider the implications of saturation.
This article explores the future of short-term rentals in Revelstoke, providing a forward-looking perspective on the market. It discusses potential changes in regulations, new market trends, and how these could impact local hosts. Hosts should stay informed about these developments to adapt and succeed.
The Hungry Horse planning commission is reviewing regulations for short-term rentals to minimize the impact on owner-occupied housing. This suggests the commission is exploring methods to balance the interests of both STR operators and local residents. The goal is to create sustainable regulations that address housing concerns. Find out how new regulations will shape the STR market.
Cape Town regulators are cracking down on short-term rental taxes. This initiative aims to ensure hosts comply with local tax regulations, impacting profitability. The increased scrutiny underscores the importance of accurate tax reporting and potential penalties for non-compliance within the Cape Town STR market.
Cape Town is cracking down on short-term rental tax loopholes, aiming to tax commercial STRs at the commercial rate instead of residential. The proposal won't affect hosts renting out rooms. Estimates show 30,000 STRs exist, with 26,000 on Airbnb. Stakeholder engagement and a national registry are in development.
A short-term rental case in Durham is sent back to the Circuit Court, indicating ongoing legal challenges. This development suggests potential changes or clarifications in local regulations affecting STR operations. Hosts in the Durham area should stay informed about the legal proceedings to understand the implications for their business.
Traverse City, Michigan is facing a conflict between parking needs and housing demands on its west side properties, according to a recent report. This is resulting in the city considering the future of short-term rentals in this area. Hosts in the region should stay informed on evolving local regulations.
This article examines the impact of short-term rental bans in cities like Lisbon and Athens on housing prices. It suggests that such bans may not be effective in cooling down the housing market, challenging the common assumption. The article implies that other factors, like overall economic conditions, play a larger role in determining housing affordability. It urges stakeholders to consider alternative solutions.
A Lebanon Council committee is advancing permits for two short-term rental properties. This indicates a potential easing of restrictions or a demonstration of support for STRs in the area. Hosts in the region should monitor local regulations for further developments and any new requirements.
The city of LaSalle is considering implementing short-term rental licenses. This indicates a potential shift in the local regulatory landscape for hosts. Hosts should stay informed about the evolving regulations to ensure compliance and avoid potential penalties.
Greenville County is considering new short-term rental restrictions due to resident complaints. The specific nature of the complaints and potential restrictions are not yet detailed in the article. This highlights the importance of staying informed about local regulations to avoid potential issues for STR hosts.
This editorial discusses the need for a fresh look at Folly's short-term rental cap. The article likely explores the current limitations on STRs in the area and suggests the potential impacts of revising or maintaining the existing regulations. The article aims to encourage consideration of how the cap affects the local economy and housing market.
Neighbors in Sunningdale are voicing opposition to a proposed short-term rental. This highlights the growing importance of community relations for STR hosts. Understanding and addressing local concerns is crucial for operational success and avoiding potential regulatory issues.
This News24 opinion piece emphasizes the importance of well-crafted regulations for short-term rentals, advocating for rules that support both the industry and local communities. It calls for a balanced approach to ensure housing availability while addressing potential issues, aiming to mitigate negative impacts and fostering sustainable growth.
A compromise plan is being developed to regulate short-term rentals in Arizona. This initiative aims to address the growing presence of STRs and their impact. The plan's specifics and potential effects on hosts are yet to be disclosed, but this action signals increased scrutiny on the STR market.
The Columbia City Council is holding its first reading of an ordinance to repeal the short-term rental moratorium. This indicates a potential shift in local regulations, possibly opening the market for new hosts and impacting existing ones. This repeal could significantly change the landscape for STRs in Columbia, SC.
The Columbia City Council is taking the first step towards repealing its short-term rental moratorium. This indicates a potential shift in local regulations affecting STR hosts. Hosts in Columbia should closely monitor these developments, as it could mean a change in the legal landscape for operating short-term rentals.
Suzanne J. Cahill's appointment as Executive Director of the Connecticut Lodging Association signals a focus on workforce development, STR regulation, and tourism growth. This indicates a proactive approach to shaping the future of the lodging industry. It highlights the importance of navigating regulatory changes and promoting sustainable tourism practices.