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Tag Archives: Airbnb

Research Shows Governments Could be Missing Out on Millions in Short-term Rental Fees

Jason Shueh
Airbnb Headquarters, third floor (Airbnb) With the rise of companies like Airbnb, VRBO, HomeAway and others short-term rentals now have a pervasive influence in cities; yet while this emerging market continues to grow, data shows local governments could be missing out on millions in uncollected revenue if they are unprepared to regulate the industry.Since Airbnb was founded in 2008, the short-term rental company has given birth to a market that has grown at a near exponential rate. In the space of just 10 years Airbnb alone has increased its annual revenues to more than $2.6 billion with more than five million listings in 81,000-plus cities… Continue reading

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Breaking Down Short-Term Rental Challenges and Solutions

Accela
This Infographic identifies the Key Issues and Potential Fixes Governments Can Find in Today’s Short-Term Rental Market A photo rendering of apartments in San Francisco, home to Airbnb and other short-term rental companies. (Daniel Hoherd / Flickr) The short-term rental (STR) market is shaking up the regulatory environment for cities as they try to ensure proper housing practices and collect tax revenues from this new business type. With this new breed of business owner, state and local governments are facing an array of challenges. Hosts renting out apartments or homes through apps like Airbnb often lack an understanding of proper STR standards. Some residents have… Continue reading

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Short-Term Rentals: Modern Tech Solutions for Hassle-Free Regulation

Accela
How an Easy-to-Use, Self-Registration Platform Helps Local Governments Forge Constructive Relationships with the Newest Breed of Small Business Owners Hardly a week goes by without news of the ongoing tug of war between short-term rental (STR) platforms and local communities. Ever since residents started using digital platforms to rent out everything from a fold-out couch to an entire vacation home, city and county governments have grappled with how to respond. Across the U.S. and around the world, governments are divided in how they feel about STRs. Some municipalities have tried to ban them outright, while others welcome this new business model as a way to… Continue reading

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