Seeking Long-Term Solutions for Short-Term Rentals
Friday, July 15, 2016
More than five years after Airbnb, Home Away, and other short-term rental services started "disrupting" the hospitality industry, the City of Los Angeles and other Southern California cities are reckoning with the impacts. By some estimates, over 11,000 properties in the City of L.A. are listed on Airbnb (compared to 98,000 hotel rooms citywide), including nearly 12 percent of properties in hot neighborhoods like Venice. For proponents, STRs offer extra income and new ways to welcome visitors to our cities. For others, STRs are nuisances and black-market businesses, and they make a housing shortage even worse. Fair regulations have been difficult to draft and, in some cases, even more difficult to enforce.
These debates have pitted neighbor against neighbor, homeowners against hoteliers, and advocates of affordable housing against free-market champions. WUF will address the complexities of short-term rentals in July, including an assessment of Los Angeles' draft ordinance. We will seek the real story on the economic and social impacts of STRs and discuss what lies ahead for guests, hosts, and their neighbors.
Judith Roth Goldman, Co-Founder, Keep Neighborhoods First
Walter Gonzales, Government Relations, HomeAway
Lynn Mohrfeld, President & CEO, California Hotels & Lodging Association
Robert St. Genis, Executive Director, Los Angeles Short-Term Rental Alliance
Salvador Valles, Assistant Director of Planning and Community Development, City of Santa Monica