There has been a long battle in Hawaii between vacation rental managers and some communities. This bring up a couple of important issues for us to consider in all the communities in which we operate, and which we call home.
Read the the full article from Yahoo News.
Leverage: Take Hawaii as an example where there are roughly 73,000 units for visitor accommodations and only about 5% of these are vacation rentals. the rest are hotels. That number includes the high number of illegal short-term rentals. Leverage is compromised by the importance of hotels vs. vacation rentals, and the high number of illegal rentals do not help our image and bargaining power.
Community Involvement: As in all areas, movements can be started by a few, even a single, unhappy persons. We need to ensure our involvement in the community to we have the relationships, and our ‘ear to the ground’ on what is happening in our destination. Not just from tourist travel, but within the community.
Being part of a friendly community is a big part of what we offer in vacation rentals.
Aloha.
Ralf
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