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Here’s why some experts believe in the long-term approach over short-term rental platforms. For the full picture, find out some reasons Airbnbs can be better than long-term rentals .
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
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]
To date, this is the largest funding round ever raised in the vacation rental management sector, [36] and the largest series B funding round ever raised for an Oregon technology company. [ 37 ] On October 18, 2018, Vacasa raised a Series B extension of $64 million, bringing the company's total funds raised to $207.5 million. [ 38 ]
Trending Now: Suze Orman's Secret ... “While a week-long vacation for a party of two, including 3- to 4-star hotels, taxis, museum entry, some light touring and meals would typically cost a ...
All this motivated Mayor Collboni's administration to take the drastic step of enacting a blanket ban on short-term rentals. Barcelona's short-term rental licenses expire at the end of 2028, and ...