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Short-term rental ordinance comes into effect in the city of Boston
Reading Time: 2 minutesUnited States: People renting out their homes on platforms such as Airbnb or HomeAway in the city of Boston will now have to register with city authorities. This coincides with news that a new ordinance to regulate short-term housing rentals in Boston went into effect on 1 January. In addition to the registration requirement, the […]
Expansion of room tax to include short-term rentals in Masachusetts signed into law
Reading Time: 2 minutesUS: Legislation extending the state room occupancy tax to include short-term rentals in Cape Cod in Massachusetts has been signed into law by governor Charlie Baker. The legislation applies a 2.75 per cent to the tax to create a fund to clean up the Cape’s coastal waterways, in addition to the taxes already in place […]
Teachers society launches variable rate mortgage for holiday homes
Reading Time: < 1 minuteUK: The Teachers Building Society has introduced a variable rate mortgage which will be targeted at properties in the vacation rental sector. The two-year product, which is available for purchase and re-mortgage in England and Wales, will be on offer at up to 75 per cent loan-to-value. The criteria for the mortgage will require a […]
Israeli hotel brand Fattal Group set to offer Airbnb rental apartments
Reading Time: 2 minutesIsrael: Israel’s biggest hotel chain, Fattal Group, has reportedly leased two buildings in the Tel Aviv neighbourhoods of Kerem Hateimanim and Neve Tzedek to be used as short-term rental apartments. The buildings are being listed on Airbnb and other booking sites under the “Master” brand of Fattal’s Leonardo Hotels unit. Fattal said in a statement: […]
Los Angeles City Council approves short-term rental regulations in the city
Reading Time: 2 minutesUS: Los Angeles City Council has approved rules to regulate short-term rentals in the city, which will include restricting hosts to offering no more than 120 nights per year in their primary residence. The regulations also mean short-term rentals will not be allowed in the city’s rent-stabilised units, so much of the affordable housing will […]
Vancouver reveals crackdown on unauthorised short-term rentals since April
Reading Time: 2 minutesVancouver: The City of Vancouver says it has cracked down on almost a thousand unauthorised short-term rental units and suspended the licences of three operators since April. As of 30 November, the city says since the implementation of its short-term rental regulations, 963 units are no longer being advertised on sites such as Airbnb, Expedia […]
Airbnb bookings set to surge in the UAE for New Year’s Eve celebrations
Reading Time: 2 minutesUAE: The number of people staying in rental accommodation listed on Airbnb in the UAE is set to more than double during New Year’s Eve. The short-term rental platform said it was currently seeing a 108 per cent rise in bookings during the New Year period, as travellers head to the Emirates to make the […]
Measure to ban vacation rentals in South Lake Tahoe passes by narrow margin
Reading Time: 3 minutesUS: A ballot measure banning vacation home rentals in residential neighbourhoods in South Lake Tahoe and reducing occupancy limits has passed by a margin of 58 votes. The El Dorado County elections department announced the city council would meet on Monday to accept the result of November’s election and the so-called “Measure T” will come […]
Tourism Vancouver agrees partnership with Airbnb in first deal of its kind
Reading Time: 2 minutesCanada: Airbnb has agreed a deal with Tourism Vancouver to promote the city in the first deal of its kind between a city and the short-term rental platform. As part of the agreement, Airbnb will now actively promote the city as a tourist destination via its app, social media channels and print magazine, Airbnbmag. In […]
Long Beach city council to consider tighter regulations on short-term rentals
Reading Time: 2 minutesUSA: Officials in the city of Long Beach want tighter regulations for short-term rentals which would cap the number of nights a guest can stay in a residence without its host. The city currently operates under a policy whereby short-term rentals are unofficially banned, however Long Beach’s development services department would like that to change […]