Paid-for report deliberately misrepresents the reality of short-term rentals in Philadelphia
Philadelphia, PA – SEPTEMBER 14, 2016 – The Travel Technology Association (Travel Tech), the premiere trade association for leaders in online travel innovation, released the following statement in response to the American Hotel and Lodging Association’s (AH&LA) latest attempt to disparage the short-term rental marketplace in Philadelphia:
“This report – bought and paid for by the hotel trade association – purposefully misrepresents the short-term rental marketplace in Philadelphia,” said Matt Kiessling, who heads short-term rental policy for Travel Tech. “AH&LA pushes their false narrative at the expense of numerous Philadelphians who rely on the supplemental income they earn by renting out their residence and the thousands of travelers who prefer short-term rentals.”
As the popularity of short-term rentals continues to grow, it is critical for state and local governments to harness the economic opportunity available to local homeowners and communities. Short-term rental guests stay longer and spend more than those who stay in hotels, and those tourist dollars are spread further throughout the city, into neighborhoods and local businesses.
Not only are travelers choosing these accommodations in increasing numbers, but homeowners are finding the income they earn from renting out their home helps pay the mortgage, fund necessary home improvements, and otherwise improves their quality of life.
“Surely the hotel industry understands the difference between listings and bookings, and yet the report deliberately conflates the two in order to artificially inflate the number of ‘full-time operators’,” Kiessling continued. “Similarly, the report labels property managers as ‘multi-unit hosts,’ knowing full well that numerous rentals are listed on behalf of individual homeowners by property managers. This report, and others before it, is a desperate attempt by AH&LA to manufacture an anti-short-term rental narrative with the hope that cities will burden the marketplace with unwarranted regulations for the hotels’ competitive gain.”
“Effective short-term rental policy benefits everyone – homeowners, community-members, business owners and travelers. Travel Tech and its member companies are ready and willing to work with Philadelphia and the state of Pennsylvania to protect communities while meeting the growing demands of travelers,” said Kiessling.