top of page
< Back
Category:

Suite-Specifics

Save this article  > 

Tourism and Short-Term Rentals

Author: 
Toronto Condo News
Publication date:
July 25, 2019
Article Summary: 

Short-term rentals have become a challenge for popular tourist destinations, as residential property owners compete with hotels. Miami Beach is an example of a destination that has implemented strict short-term rental rules, with code compliance officers visiting properties to confirm that guests are legal renters. Compliance officers learn about illegal rentals from complaints made by property managers or residents, such as loud noise or drunk guests. Hosts in Miami Beach must have resort tax registration and business licenses before their property can be listed on short-term rental platforms, and fines for illegal rentals can be as high as $20,000 for a first offense. Toronto is also expected to introduce similar regulations.

Keywords: 

short-term rentals, tourism, Miami Beach, regulations, compliance officers, illegal rentals, fines.



Source Citation: 
Toronto Condo News
Tourism and Short-Term Rentals
July 25, 2019
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page