#short-term-rentals

#short-term-rentals

The surge in short-term rentals is altering the landscape of quiet neighborhoods, causing disruptions and raising concerns among long-term residents. Local governments, such as the town of Wells, ME, are grappling with the challenge of balancing the economic benefits of tourism with preserving the character and tranquility of residential areas affected by STRs. Maine's approach to regulating STRs primarily occurs at the local level, with varying requirements such as annual permits, adherence to safety standards, and zoning restrictions in different municipalities.

As Labor Day approaches, there is a surge in demand for short-term rentals in coastal areas of the U.S., indicating a strong desire among travelers for one last summer getaway. Despite economic uncertainties, Americans are indulging in travel, with July bookings reaching record levels, according to the latest data from AirDNA. The preference for larger and more expensive rental properties, especially in coastal regions, has been notable. While occupancy rates slightly dipped due to increased listings, total nights booked rose year over year.

"As a Joshua Tree local, we all know the best entrance is the Twentynine Palms entrance. ... It's the part of the park that looks the most like it's a different planet," said Benjamin Uyeda, a co-founder and designer of the hotel who has lived in the area since 2017.

Casa Terra e Vidru was developed in collaboration with designer Fabrizio Carboni and architect Enrico Manca, reflecting the client’s desire for a personal home and rental space.

"People are getting more comfortable with booking short-term rentals and figuring out the pricing mechanics. Many STRs offer last-minute discounts to fill inventory, so that the closer you get to a stay, the less expensive it is."

George Nathanel, director of Zenobia properties, was fined £75,000 for illegally renting out two flats on Grove Road, North Finchley, for short-term holiday rentals.

George Nathanel was fined £75,000 for illegally letting out two flats in North Finchley on Airbnb and Booking.com, in violation of planning regulations.

If you earn less than €520 a year from renting living space on an irregular basis, you do not need to include this information in your tax return.

This Dutchess County property features three appealing cottages nestled on four acres, offering potential for personal use, rentals, or hosting guests near Spring Lake.

LuxUrban Hotels agreed to pay a $1.2 million settlement for illegally operating short-term rentals but has failed to make any payments, leading to a lawsuit.

The Polo Villas is a luxury 18-home community just outside Coachella, available for nearly $80 million, ideal for short-term rental investment.