Items Tagged with 'Short-term rental market'

ARTICLES

  • Airbnb takes Boston to court over city’s “draconian” short-term rental rules

    Argues city’s laws violate Constitution, federal and state laws
    The city of Boston has new rules surrounding short-term rentals that are set to go into effect on Jan. 1, 2019. According to Airbnb, Boston’s short-term rental rules violate the Constitution, multiple federal laws, and Massachusetts state law. Airbnb also claims the city's rules threaten short-term rental sites with “draconian” punishments should they violate the city’s rules.
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  • Vacasa wants to help landlords turn empty apartments into short-term rentals

    Vacation rental management platform expands into multifamily
    Vacasa, which bills itself as the “largest vacation rental company” in North America and recently raised $64 million, now has its sights set on the multifamily industry. Vacasa announced Wednesday that it is expanding into the multifamily business by launching Vacasa Multifamily, a new initiative wherein the company will seek to partner with landlords in urban city centers to turn empty apartments into short-term rentals.
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  • San Francisco goes after “scofflaw” landlords who ran “illicit hotel chain” on Airbnb

    City fines property owners $2.25 million, prohibits them from renting until 2025
    The city of San Francisco, which has some of the strongest laws protecting against the spread of short-term rentals in multifamily buildings, is levying serious sanctions against a pair of landlords who knowingly and willingly ignored the city’s laws by running an “illicit hotel chain” of short-term rentals on Airbnb.
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  • Expedia dives headfirst into short-term rentals, acquires Pillow and ApartmentJet

    Two tech companies allow for more short-term rentals in multifamily properties
    Expedia Group, the online travel giant that includes Hotels.com, trivago, Orbitz, Travelocity, Hotwire, and more, also has two of the biggest names in short-term rentals under its umbrella: HomeAway and VRBO. But those companies trail the short-term rental industry’s biggest player, Airbnb. Now, Expedia wants to do something about that by working with the multifamily industry to make it easier to use units as short-term rentals.
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  • Co-living startup Bungalow launches with $64 million in funding

    Pairs “early career professionals” with property owners in unique arrangement
    Bungalow, a real estate startup, recently launched to bring a new renting option to some of nation’s largest cities. Think of the company as a cross between co-living and a short-term rental platform like Airbnb, because instead of co-living in an apartment building, Bungalow renters co-live in a house. And instead of only staying for just a few days, Bungalow renters stay for an average of 12 months.
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  • WhyHotel and the changing nature of short-term rentals

    WhyHotel Co-founder and CEO Jason Fudin dishes on the future of CRE and why WhyHotel is here to stay
    Alternative hospitality startup WhyHotel Co-Founder and CEO Jason Fudin spoke with HousingWire and gave us an inside look at his company, strategy and what’s on the horizon for the young company.
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