Rent Responsibility and College of Charleston launch rental survey
United States: Short term rental rights organization Rent Responsably and the College of Charleston have teamed up to launch the Status of STR community survey, the second phase of a unique national study exploring the perspectives of short-term and vacation rental operators and local government staff on municipal management and regulation of short-term rentals.
Short term rental [STR] owners and managers in the United States are encouraged to participate in the anonymous survey. At the end of the survey, respondents can choose to participate in a cash prize of $ 500 to the winner, plus $ 500 to a local sustainability cause of their choice.
The survey will quantify the economic and employment impacts that short-term rentals have on their communities, distill the challenges of navigating local regulations, and uncover solutions that allow our industry to work more collaboratively and efficiently with local governments.
Rent Responsably Co-Founder and CEO David Krauss said, âThe desire to improve systems and solve problems is in the DNA of the short-term rental community.. I am delighted that we have launched this survey because with this research we will better understand the challenges and opportunities that exist between short term rentals and our communities.
The investigation is the second of two phases. In the first, the researchers conducted in-depth interviews and group discussions with municipal staff in various markets across the United States to learn about their perspectives, needs, and challenges.
The lessons of these discussions and the results of the survey will be published in the next 2022 community report on the state of STR in mid-December.
In addition to the report, Rent Responsably will use the results to produce educational initiatives and create tools to improve the ecosystem for all, Krauss said.
Rent Responsably is partnering with the Riley Center for Livable Communities at the College of Charleston for this research.
Dr. Brumby McLeod, researcher at the Riley Center, associate professor and chair of the hotel and tourism management department of the School of Business at the College of Charleston, said: âThis study is truly at the forefront of answering the question that more and more communities are asking themselves, namely “How to effectively manage short-term rentals to increase livability for all residents?” ”
âCities need to find their own answers in an engaged conversation between city staff, short-term rental operators and community members, and this research will help inform and shape that conversation,â McLeod added.
Philip Minardi, Director of Public Affairs at Expedia Group, said: âThe vacation rental industry is at a critical inflection point. With awareness and demand at an all time high, and as communities strive to restart their local economies, we have the opportunity to find consensus on common sense political solutions.
“This research will give us new perspectives to find this common ground and move our industry forward,” he added.
Philip Kennard, co-founder and CEO of Future stay, said: âThe short-term rental industry creates more new entrepreneurs per day than any other vertical. To truly democratize access, our industry must include all stakeholders across the community spectrum.
âFinding better ways to work with our local governments to create sustainable growth is essential not only for these thousands of new entrepreneurs, but also for our communities at large, and that is why Futurestay is proud and delighted to support this research. critical, âhe added.
Respondents can participate in the survey here from November 8 to 12, 2021.
Founded in 2019, Rent Responsibility is a community development and education platform for local short-term rental alliances. Its alliance management tools and services are designed to empower local leaders to build successful and self-sustaining organizations of short-term rental hosts, managers, and all other stakeholders in their communities.