Latest news with #shorttermrental
Globe and Mail
16 hours ago
- Business
- Globe and Mail
STR Launch Launches Innovative Co‑Leasing Model in Canada
Toronto, ON - STR Launch, a pioneering force in short‑term rental investing, is redefining how Canadians build profitable real estate portfolios— without buying property, furnishing, or managing guests. Employing its proprietary Co‑Leasing system, the company provides complete end‑to‑end support across Airbnb, VRBO, and STR Launch's signature 4-Step Process: - Property Sourcing & Negotiation: Locates fully furnished, rent-ready units and secures landlord approval. - Listing Set-Up: Creates optimized listings across major platforms. - Launch & Automation: System fully launches, with guest communication, pricing, and cleaning all automated. - Performance Monitoring: Guides clients through performance tracking—backed by a 90‑day profitability guarantee: no profit, no payment. 'Our system lets Canadians tap into U.S. cash flow without the traditional hurdles of real estate investing,' said Jacob McCrae, Founder and CEO at STR Launch. 'From sourcing properties to automating operations, we've taken everything that intimidates new investors off their plate.' STR Launch has already launched more than 50 short‑term rental properties, helping investors achieve consistent monthly income while avoiding down payments, mortgage applications, credit checks, furnishing expenses, and in-person management. To learn more, visit or contact Jacob McCrae at contact@ About STR Launch Founded by portfolio investor Jacob McCrae, STR Launch transforms the short-term rental experience with its co-leasing methodology—designed to be fast, efficient, and zero-risk. The team ensures clients are fully onboarded, set up, and ready to collect returns within 90 days or receive a full refund.
Yahoo
2 days ago
- Business
- Yahoo
Jackson County caps short-term rental property tax increases at 15%
Some Jackson County homeowners are breathing a sigh of relief after county lawmakers passed a new ordinance Wednesday aimed at easing the tax burden on short-term rental operators. The ordinance, passed unanimously, blocks the county assessor from reclassifying any residential property used as a short-term rental in 2023 as commercial for 2025 tax purposes.
Forbes
3 days ago
- Business
- Forbes
Short-Term Rentals In Switzerland: Tips For Profitability In 2025
Johan Hajji, Cofounder & Co-CEO at The BnB Group. Passionate about property management, real estate investment, proptech & business growth The Swiss property market shows an impressive upward trend, with rental prices in urban areas jumping as high as 7.5% in cities like Glarus and 6.3% in Zurich. Moreover, the Swiss National Bank's interest rate cut has created ideal conditions for short-term rental investment. Vacancy rates were expected to drop below 1% last year, while net immigration hit 98,900 in 2023, according to UBS Asset Management. These factors added pressure to the real estate market. Meanwhile, tourist hotspots like Valais are booming, with a 43% increase in U.S. visitors from January to October 2023 compared to 2019. With strong 2025 forecasts, well-placed investments in Swiss cities and vacation destinations could yield positive returns. My company works with owners located in Switzerland, so I want to explore what I've found are some of the top regions, income-boosting strategies and key rental laws short-term rental owners need to consider to keep investments compliant and sustainable. Regional variations in Switzerland's rental market create unique investment opportunities throughout the country. Real estate investors need to understand these differences to maximize their returns in the Swiss property market. Zurich, Switzerland's financial hub, boasts impressive short-term rental numbers: At the time of this writing, the average Airbnb occupancy rate is 75%, average daily rate is 145 euros and average monthly revenue is 40,564 euros, according to Airbtics. The city's vacancy rate is just 0.07%, SWI reported, which means demand keeps outpacing supply. In my company's experience, the city stays relatively open to short-term rentals, and the temporary housing and rental market in the Zurich market remains competitive. Geneva shows strong potential for short-term rentals, with 73% occupancy rates, daily rates of 127 euros and possible monthly revenue of 34,562 euros, per Airbtics. The housing crunch here is real—vacancy rates sat at just 0.46% in 2024. It's also worth noting that the city has a short-term rental limit of 90 days. Valais turns out to be a surprise leader in profitability. Airbtics' data shows that its occupancy rate is lower at 59%, but it pulls in higher daily rates (186 euros) and monthly revenue (41,517 euros). The canton sweetens the deal with tax perks, including options for lump-sum taxation, which may make it an attractive option for those concerned about Swiss property taxes. Looking beyond these major markets reveals several hidden gems for vacation rentals in Switzerland: • Lugano is an Italian-speaking part of Switzerland that I've noticed is popular among remote workers. • Alpine destinations like St. Moritz, Zermatt and Davos in the Swiss Alps have better odds of bringing in exceptional rental yields during peak seasons. • Crans-Montana often stays busy year-round thanks to events such as golf tournaments, skiing events and cultural festivals. Switzerland's real estate market has shown stability, drawing both local and international clients. Smart investors should look carefully at local rules, however, since they vary between cantons and can affect how well investments perform. Becoming skilled at pricing strategy remains crucial to running profitable short-term rentals in today's Swiss real estate market. Property owners can consider using dynamic pricing tools that automatically analyze market data and adjust rates based on immediate conditions. Price optimization can help you increase rates when demand peaks and lower them in slower seasons to minimize vacancies and boost revenue. Setting minimum stay requirements during peak seasons can also prevent revenue loss from short bookings. A two or three-night minimum for weekends and holidays can reduce turnover costs and increase overall income. Additionally, stay up to date on seasonal patterns revealed through occupancy analytics to help you run targeted promotions during slower periods. For example, alpine destination properties command premium rates during winter months but need compelling promotions during shoulder seasons. Strive for exceptional guest experiences to leverage premium pricing and ensure future bookings. Properties that maintain high ratings can charge more than similar accommodations with average reviews. This year, I expect to see a growing use of data analytics in rental operations. Immediate tracking of key metrics like occupancy rates and nightly revenue can help you spot trends and measure against competitors. I believe evidence-based management will shape the future of Swiss real estate market conditions. Swiss real estate investors face growing challenges with short-term rental regulations, particularly a widespread lack of compliance. Rules vary by region, making local knowledge essential for success. Requirements will vary by area, so be sure to consider regulatory differences. Many municipalities apply zoning laws to control rental activity, requiring specific residential ratios or area restrictions. In Ticino, owners can rent converted barns for up to 90 days without planning permission, even in protected areas, according to SWI. But this practice is under scrutiny and may trigger complaints, SWI also noted. Sustainability is now central to Swiss property trends. The national "Swisstainable" strategy encourages longer, eco-conscious stays and support for local culture and products. Property owners must follow environmental rules regarding waste, emissions and pollution. Property owners who break these standards risk steep fines for serious environmental violations. Meeting Minergie standards and gaining certification can boost energy efficiency and appeal, especially near public transport. As regulations tighten, staying compliant and building strong ties with local authorities will be key to long-term profitability. In my view, the Swiss short-term rental market shows strong investment potential through 2025, highlighting how important location is for renting apartments or investing in furnished properties. To help improve returns, investors can use dynamic pricing and set minimum stays during peak periods to reduce turnover costs. Combine this with excellent guest service for long-term success. Regulations differ by region, and stricter rules may emerge. Staying compliant and following sustainability standards like "Swisstainable" helps protect your investment in vacation or temporary housing. Swiss real estate remains a stable option in the European market and can be ideal for data-driven, regulation-aware investors. The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
CBC
7 days ago
- Business
- CBC
Airbnb says thousands of B.C. reservations at risk, blames 'rushed' rental rules
Short-term vacation rental platform Airbnb said Friday that "thousands" of reservations in British Columbia are at risk of cancellation, accusing the province of rushing out regulations as it cracked down on the industry. Alex Howell, Airbnb's Canadian policy lead, said in an interview with The Canadian Press that the new rules, which require short-term rental hosts to confirm their listings are legal, have already led to some bookings being cancelled. The government has said platforms such as Airbnb can't post B.C. listings without confirming they are registered with the province. Howell said many hosts whose properties qualify can't register due to glitches and other problems with the new system. "Typically, we would have worked with a government for six months to do live testing, to make sure that things are working the way they should," Howell said. "And unfortunately in this situation, B.C. really just rushed into launching the system that hadn't been fully tested, and that's what's brought us to this situation." The province said Friday that dozens of other short-term rental platforms serving B.C. have managed to support their hosts in registering with the government. But Howell said that property owners have reported that typos and formatting errors have prevented them from registering with the province, despite meeting all the legal criteria for hosting short-term rentals. "The government's short-term rental system simply isn't ready," Howell said in a statement to CBC News. "We warned that rushing this rollout would lead to serious consequences, and now British Columbians are paying the price." Summer is tourist season The province had said that short-term rentals are being restricted to principal residences, a secondary suite or a structure such as a laneway house on the property, and the policy is meant to open up more units in B.C.'s rental housing market. Howell said the timing of B.C.'s latest rules on short-term rentals is especially impactful, just ahead of the busy summer tourist season. "Thousands of reservations across the province are now at risk," she said. "These are registered, compliant hosts that are failing validation protocols through no fault of their own. "And this impacts … thousands of reservations across the province, at least 50 per cent of which are domestic travellers who are following their own government's advice to support local and travel within Canada this year." Howell said instead of waiting until the June 23 deadline — when bookings on unregistered B.C. properties would be cancelled — Airbnb is proactively contacting affected hosts and guests to offer penalty-free cancellations. Airbnb can 'find solutions' In a statement, B.C. Housing Minister Ravi Kahlon said the province is confident that "Airbnb will find solutions to their challenges with getting listings verified ahead of the June 23 deadline." "We hope that Airbnb will choose to support their hosts in verifying their listings, instead of cancelling their bookings," Kahlon said. "This is new ground for B.C., and we are working through ServiceBC, our short-term rental branch, and the platforms themselves to help hosts comply with the requirements." The ministry also noted that there are 65 short-term rental platforms operating in B.C., and other platforms have been successful in supporting their hosts to get registered. In a separate statement, the Opposition B.C. Conservatives criticized the NDP's short-term rental policies, with Prince George-Valemount MLA Rosalyn Bird saying the regulations run counter to the province's efforts to promote local travel. "How do you promote staycations while sabotaging the short-term rental market that makes them possible in small towns?" Bird said in the statement. "The Premier [David Eby] says 'travel within B.C.', and then his government kneecaps our ability to welcome those travellers."
ABC News
12-06-2025
- Business
- ABC News
Busselton bans new unhosted short-stay accommodation in residential areas
Unhosted holiday homes will no longer be permitted in certain parts of a popular tourist destination in the south-west of Western Australia. The City of Busselton council has approved changes to its short-term accommodation policy. City planners said the policy change was to ensure there was enough permanent housing left for the community. The policy will not affect holiday homes with existing approvals. The council's director of community planning Gary Barbour said holiday homes will not be permitted in residential and future growth areas. "[Short-term accommodation in] what has traditionally been the more affordable family-type areas and subdivisions are no longer permitted," he said. "Areas like Vasse, areas like Dunsborough Lakes, some parts of east Busselton and future growth areas as well." The rise of short-term accommodation overtaking the rental market had been happening in the area for years and Mr Barbour said the community was vocal on the issue. The City of Busselton has had a steady population increase for the past 20 years with no sign of it expected to slow down. Earlier this year the Real Estate Institute of WA predicted the median house sale price in Busselton for 2025 to increase 15 to 20 per cent. With that price now climbing to $780,000 and rents upwards of $800 per week, housing has become a critical issue in the community. Mr Barbour believed regulation on holiday accommodation could go some way in addressing the housing crisis. "If you look at an area like Bunbury, holiday homes account for about one per cent of its housing stock. "You look at Busselton currently and it is sitting up near eight per cent. "That's a significant impact on the availability of housing for normal families who are trying to get into the market." Local housing support services have welcomed the change, including Accordwest, the region's leading housing advocacy group. Executive manager of programs Simone Atkins said anything that protected housing stock for permanent residents was welcome, but was not a single fix. "The City of Busselton's proposed changes to short-term accommodation are a constructive step towards easing homelessness pressure and really maintaining that access to homes to people who live and work in the region," she said. The City of Busselton has grappled with the regulation of short stay accommodation since a parliamentary inquiry into the rapid increase in 2019. The council's Gary Barbour would not rule out further restrictions on residential areas but said it had gotten the right balance for the time being. "I think what they have ended up coming up with is a pretty reasonable balance that allows it in areas where it is appropriate. "I think [the council is] also mindful that it is an important part of the economy. The visitor economy in Busselton is a significant portion of the economic make-up down there."
