Here’s a look at the state of the short-term rental market in 2021 and why it matters for local governments.
![Did Short-Term Rentals Rebound in 2021?](https://govos.com/wp-content/uploads/2021/12/2021-STR-State-of-the-Market-Featured-1080x675.png)
Here’s a look at the state of the short-term rental market in 2021 and why it matters for local governments.
Oceanside, CA is a popular coastal city in San Diego County that experienced rapid growth in Airbnbs, Vrbos and short-term rentals (STRs) in the 2010s.
The popularity of short-term rentals shows no signs of slowing down, creating complex issues for local governments.
More than five years ago, the State of Arizona passed a law barring local regulations of short-term rentals. Not long after, Sedona began taking steps to get a handle on the situation.
The two local governments selected the Short-Term Rental Solution as part of a competitive request for proposal (RFP) process for the platform’s ease-of-use and robust feature set.
The integration with the GovOS platform will include MUNIRevs’ automated tax collection and licensing tools, as well as its advanced short-term rental solution.
Proper and fair regulations can help local governments mitigate the challenges caused by short-term rentals.