Must-knows for neighbors & communities
Must-knows for neighbors & communities
Local communities stand to benefit tremendously from local host rentals. Of course, there are some concerns regarding noise and disruption caused by a group of transient traveler, however, research has proven that the influx of local host rentals generates substantial benefit for the wider local community—increased tax revenue, tourism spillover effects on the immediate neighborhood, providing hosts with extra channels of income, the local shop or café with clientele. This section assures the reader that local communities are not merely a bystander or a victim of a disruptive technology—but in reality, are a key stakeholder in the local host rental ecosystem and an active participant which stands to reap significant gains.
Living next door to a local host rental
Must-knows for neighbors and communities
Five community benefits of local host rentals
Local communities are an understated group of stakeholders who play an important role in the entire local host rental enterprise—the immediate neighborhood in which hosting activity takes place is inextricably linked. Here are some benefits that neighbors can stand to gain from welcoming short-term rentals into their communities:
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