A group of short-term rental-listing sites, including HomeAway and FlipKey, are creating an industry group that aims to institutionalize the practice by pushing cities to tax and regulate short-term rentals.
Renting a private home while on vacation, rather than paying for a hotel room, has skyrocketed in popularity in recent years, leading to a backlash from neighbors and prompting places from New York state to tiny Columbia Falls, Mont., to ban or restrict the practice.
Renting a private home while on vacation, rather than paying for a hotel room, has skyrocketed in popularity in recent years, leading to a backlash from neighbors and prompting places from New York state to tiny Columbia Falls, Mont., to ban or restrict the practice.
Read more about vacation rental restrictions.
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