{"id":2481,"date":"2022-04-28T17:15:26","date_gmt":"2022-04-28T17:15:26","guid":{"rendered":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/?p=2481"},"modified":"2022-04-28T17:15:26","modified_gmt":"2022-04-28T17:15:26","slug":"economic-drivers-of-short-term-rentals","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/economic-drivers-of-short-term-rentals\/","title":{"rendered":"Economic Drivers of Short Term Rentals"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What is happening? U.S. vacation rental revenue is estimated to be \u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/stayfi.com\/vrm-insider\/2021\/06\/21\/the-ultimate-list-of-vacation-rental-statistics-2020-edition\/\" target=\"_blank\">$17.7B in 2023<\/a>. The number of listings are also increasing to 1.3 million listings this year, up 20% from 2019. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Why is this important? The driver of this economic growth is owners with multiple units. It is estimated that short term rentals yield 30% more profit than long term leases. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How will this be important? There remains gaps in taxation collection, voluntary tax agreements are difficult to audit, and noise and trash issues are driven by local issues. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.route-fifty.com\/finance\/2022\/04\/5-things-local-governments-need-know-about-managing-short-term-vacation-rentals\/365456\/\">Route Fifty | 5 Things Local Governments Need to Know About Short-term Vacation Rentals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is happening? U.S. vacation rental revenue is estimated to be \u00a0$17.7B in 2023. The number of listings are also increasing to 1.3 million listings this year, up 20% from 2019. Why is this important? The driver of this economic growth is owners with multiple units. It is estimated that short term rentals yield 30% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2481","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/comments?post=2481"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2481\/revisions"}],"predecessor-version":[{"id":2482,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/2481\/revisions\/2482"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/media?parent=2481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/categories?post=2481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/tags?post=2481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}