Vacation Rental Owners Face Stiff Headwinds Around Oregon
In his new Ear to the Ground blog post, the first in a three-part series, real estate attorney David Petersen discusses challenges facing the vacation rentals industry in Oregon. This first post focuses on who truly makes...more
The vacation rental industry claims over two million properties throughout the United States. According to the Miliken Institute, California had 128,000 short-term vacation rental listings in 2022. The Big Bear region in...more
Guests of Lake of the Ozarks lodging establishments ranging from vacation rentals to resorts will have one less tax to pay thanks to a recent decision by the Missouri Supreme Court. The court found that statutes creating a...more
A new California law that enables people making hotel accommodations or short-term rentals to cancel their reservations without penalty under certain parameters becomes effective on July 1, 2024. California Senate Bill 644,...more
In many states, the tide appears to be turning against short-term rentals. With restrictions on short-term rentals, such as Airbnb and Vrbo, on the rise, businesses operating short-term rental properties are running out of...more
The initial phase of New York City Local Law 18, also known as the Short-Term Rental Registration Law, went into effect in New York City on Tuesday, September 5th, 2023. Enforcement of Local Law 18 is expected to...more
In a win for New York City's hospitality industry, a New York judge has rejected Airbnb's legal challenge to a New York City law requiring dwellings hosting short-term rentals to be registered with the City. The City will...more
New York Local Law 18, the so-called “Anti-Airbnb Law,” was enacted by the New York City Counsel on January 9, 2023. The new law – which took effect March 6, 2023 – is aimed at reducing undesirable short-term rentals in the...more
With the rise of planned communities in Seattle, it is becoming more and more common for properties to be organized and operated as a Homeowner Association (“HOA”). An HOA is typically form as a separate entity with the...more
As cannabis legalization gains traction across the country, many business owners are looking for a way to fuse cannabis-friendly atmospheres with vacation rental spaces. The vacation rental market is getting a...more
Growth of Short-Term Rental Industry. Since 1995, the short-term rental industry has grown enormously with the launching of short-term rental companies such as Vrbo in 1995, Airbnb in 2008, and HomeToGo in 2014....more
As short-term rentals continue to remain a popular option for travelers and a profitable investment opportunity for residential property owners, municipalities continue to impose restrictions on this properties. These...more
Our “vacation edition” of our weekly Online Travel Update is below. Our regular Updates will resume next week. Have a great week everyone....more
If a Michigan property owner rents part of his or her home, can the property owner still claim 100% principal residence tax exemption (PRE) on the home? Yes, declared the Michigan Court of Appeals in Keith W. DeForge v...more
This week’s Update features a number of stories on short-term rentals, as one established vacation rental platform continues to gain relevance in traditional hotel room distribution while an established travel application...more
Now that the holiday season is over, the post-holiday blues are setting in and bills are piling up. Everyone is looking for ways to make more money to cover those extra or unexpected year-end expenses....more
The Treasury Department’s Office of Foreign Asset Control started off the new year with an interesting enforcement action against Airbnb Payments, Inc. (“Airbnb”), a money service business subsidiary of Airbnb, Inc. Airbnb...more
City Restrictions Are Not Affected - The popularity of Airbnb, VRBO and other online hospitality marketplaces has led to a large increase in short-term vacation rentals (STRs). While STRs might be an owner’s dream, they...more
This week’s Update features a number of important stories, including details of Tripadvisor’s official launch of Tripadvisor Plus in the United States and an important update on the 1-800 Contacts FTC enforcement action....more
This week’s Update contains a variety of stories, including details of a recent court win for German hoteliers and the recent musings of the always entertaining, Barry Diller. Enjoy....more
The explosion of short-term rental properties through North Carolina – from mountain cities to coastal destinations, and cities and towns in between – has resulted in increased scrutiny and regulation by municipalities. ...more
This week’s Update features a heavy dose of short-term rentals as the long-awaited Airbnb IPO finally arrives and many hoteliers seek to capitalize on growing (COVID-induced) traveler demand in this segment. Enjoy....more
Beginning with this edition, we’ve rebranded the name of our weekly Update from “OTA & Travel Distribution Update” to “Online Travel Update.” Why, you ask, did we change the name that has served us so well these past five...more
As previously discussed in the May 6, 2019 Obermayer blog, the Pennsylvania Supreme Court, in Slice of Life, LLC et al. vs. Hamilton Township Zoning Hearing Board, et al. decided unanimously that short-term rentals are...more
Short-term rentals have become increasingly popular with Hampton Roads visitors and a big source of income for local property owners. Many guests in the Hampton Roads area are finding accommodations on websites like...more