Las Vegas Short-Term Rental Ordinance Will Curb Local Economic Opportunity
Arlington, VA – The Travel Technology Association (Travel Tech), the trade association for the online travel industry, including short-term rental innovators Airbnb, HomeAway and VRBO, released the following statement after the Las Vegas City Council voted to restrict short-term rentals.
"The Las Vegas City Council’s vote to restrain short-term rental accommodations to hosted home stays only will sacrifice significant economic opportunity for the community at the behest of a vocal minority; one that has regularly attacked the industry since its inception,” said Travel Tech’s Vice President of Short-Term Rental Policy, Matt Kiessling. “The City Council has failed to recognize the benefits that different types of short-term rentals have brought to this city and its residents. We hope that going forward, Mayor Goodman and the Council will continue to assess this approach to regulation, and work with all short-term rental stakeholders and our members to find a sustainable path forward that benefits those renting their homes, as well as the Las Vegas community.”
The City Council and Mayor Carolyn Goodman will continue to consider further policy decisions regarding other types of short-term rentals in the New Year.
The Travel Technology Association (Travel Tech) is the voice of the travel technology industry, advocating for public policy that promotes transparency and competition in the marketplace to encourage innovation and preserve consumer choice. We represent the leading innovators in travel technology, including global distribution systems, online travel agencies and metasearch companies, and short-term rental platforms.