The worst from the world of holiday letting

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There`s been a lot going on in the world of short-term holiday letting, with local news like out-of-control parties and and a global backlash in world cities that are being hollowed out by tbe blight of commercial level “sharing” of previously residential homes.

Our very good friends Bnbguard have all the latest news in their monthly newsletter and you can subscribe to it by clicking on that link to their website.

Bnbguard helps strata committees identify and deal with illegal holiday let’s.

This month in short-term rental news – Party like the neighbours can’t stop you! (because if it’s in a short-term rental, then they can’t)

Here’s the scoop:

  1. This month in crazy short-term rentals – a shooting, a birthday ‘riot’ with 200 students, a ‘graduation party’ with 300 students, and a meth lab in Adelaide.
  2. Some good laws this month out of Denver, USA, where the council now has broad powers to deny short-term rental licenses and stop party houses quickly. Some mild ones out of Arizona, forcing registration of rentals but not much else. Meanwhile, Airbnb successfully blocks Boston’s attempt to find out occupancy data, where only 2% of its hosts actually follow the rules.
  3. Worried about too many tourists in your community? Just be thankful you’re not in BarcelonaMadrid or Edinburgh, where chunks of the city are being hollowed out thanks to short-term rentals. Can it happen in Australia? It already is in places like HobartMargaret River and Byron Bay. States need to act to give local communities effective policy tools to control them before it’s too late.

STR Site of the Month

VacationRentals.com and Tripping.com are two of a new breed of short-term rental sites that just collect results from other platforms – think Skyscanner for flights or Trivago for hotels. Lots of smart money is betting that this is where the short-term rental market is going too (eg Google recently jumped in). This would be bad news for regulators, because it makes it much easier to dodge regulations by listing across multiple smaller sites.

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