Organizing into an Alliance
Travel Tech's Matt Kiessling talks with VRMA about the importance of STR owners, operators and hosts organizing into an alliance.
BLOG: Crony Capitalism and Short-term Rentals
As with the taxi industry’s opposition to ridesharing, the ire of the hotel industry all stems from competitive interests. And when innovative, disruptive platforms are limited in their ability to serve consumers and function in the marketplace, the only winner is legacy industry. In New York, average citizens have lost critical income and travelers have far fewer options – at higher prices. In fact, just a few days ago a hotel executive publicly rejoiced over his new ability to raise prices with short-term rentals off the market.
Memphis City Council cuts red tape for Airbnb hosts
The Memphis City Council on Tuesday confirmed a decision to cut the “red tape” out of an ordinance creating taxes and room fees on the city’s fast-growing short-term property rental market.