As vacation season nears; short-term rental issues unsettled - What's Up Newp

Short-term rental multinationals, such as Airbnb, Booking or Abritel, are surfing on the myth that this so-called "sharing economy" would allow above all modest people to round off their month-ends when they go on vacation. What was perhaps a little true fifteen years ago is no longer true at all today. Short-term rental has become an El Dorado for wealthy multi-owners, much more profitable than medium or long-term rental. To avoid having to man…

As vacation season nears; short-term rental issues unsettled - What's Up Newp

With the beginning of daylight savings time just a few days away, a signal that Rhode Island’s peak vacation season is just around the corner, state and local officials continue to struggle regulating the burgeoning short-term rental industry in the Ocean State. It’s the subject of legislative commission, local town and city councils, and court […] The post As vacation season nears; short-term rental issues unsettled appeared first on What's Up …