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Vacation home buyers prioritising profit over personal use
Reading Time: 2 minutesUnited States: Vacation home buyers are, for the first time ever, prioritising rental income over personal use in the United States, according to research from Savills and HomeAway. The Savills World Research survey, which was carried out between February and March this year, surveyed 4,300 property owners who list their vacation homes on HomeAway’s sites […]
First Vacation Rental Managers Association launched in Utah
Reading Time: 2 minutesUtah: The recently-launched Utah Vacation Rental Managers Association (UVRMA) has announced it will host its inaugural trade conferences on 24 October in Salt Lake City and 26 October in St. George. The state’s first-ever industry association was founded by vacation rental and real estate professional, Brad Winget, while Tyler Hurst of Utah’s Best Vacation Rentals […]
Ocean Reef Vacation Rentals adds Rivard of South Walton to its portfolio
Reading Time: 2 minutesFlorida: Ocean Reef Vacation Rentals & Real Estate has bought a majority ownership stake in Rivard of South Walton Rentals, which holds 100 homes along the stretch of Grayton Beach and Scenic Highway 30A. The acquisition of Rivard means Ocean Reef now manages over 550 short-term vacation rentals in Northwest Florida, from Destin to Panama […]
Airbnb agrees Ontario hotel tax deal
Reading Time: < 1 minuteCanada: Airbnb has announced agreements in several cities in Ontario, including Greater Sudbury, Mississauga and Brockville, which will allow short-term rental hosts to collect a four per cent hotel room tax. Under the deal, the tax will apply to hotels, motels, bed and breakfasts, online travel sites and short-term vacation rentals rented through Airbnb, which […]