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Former Texas timeshare resort to become STR-friendly condominium development
Reading Time: < 1 minuteUS: Missouri-based developer KC Hospitality is converting a former Holiday Inn Club Vacations resort in Canyon Lake, Texas, into a 72-unit condominium development aimed at second-home owners and short-term rental investors.
Malaysian apartment building takes legal action over short term rentals
Reading Time: 2 minutesMalaysia: The Loft Residences in Kota Kinabalu has banned all commercial short-term rental business such as Airbnb from operating at its condominium units. The building’s developer Syarikat Kapasi Sdn Bhd has instructed its legal firm – Shelley Yap & Co. – to issue notice dated August 3, to all owners or tenants of blocks A, […]