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In 2019, Pine supported legislation to limit short-term vacation rentals [30] that negatively impacted many residential neighborhoods and constrained the rental housing market by taking units offline. The hospitality industry also blamed vacation rentals for suppressed growth in tourism-related dollars. The bill became Ordinance 18 (2019). [31]
Sonder Holdings Inc. manages short-term rentals, such as apartment hotels, in North America, Europe, and Dubai. [2] [3] It was founded in Montreal, Canada in 2014 and since 2016 has been based in San Francisco, California. [4] [5] Sonder manages over 9,000 units in over 40 cities in 10 countries and has served over 1 million guests. [6]
Mar. 3—Owners who convert won't have to pay county property taxes—combined with government-paid rental income ranging from $5, 000 a month for a one-bedroom unit to $11, 000 for a four-bedroom.
The bill places additional limits and restrictions on short-term rental units. These include requiring a permit to rent living space in a residential area for less than 90 days, as well as requiring hosting platforms (such as Airbnb) to report all listings in Honolulu County (which includes Kailua town) to the county government. [36]
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