This week we were able to provide the Real Estate & Property Division of NSW Fair Tradingand City of Sydney Council with details of an online webinar that boasted how one can “kick out tenants” and make a financial return of $15,000/month on Airbnb. And Expedia/Stayz will soon update their landlords on why governments are seeking to regulate short-term rentals, what the Expedia/Stayz regulatory model looks like, and how landlords can “get involved”. While problems with short
Yesterday’s correspondence from Airbnb to its NSW landlords produced much of interest in the way of online ‘chatter’. As our strata buildings, residential streets and suburbs will soon be an uncontrolled ‘free-for-all’ for all types of activity, this remark from one-neck deep in ‘the business of Airbnb’ was telling: “I hate it that I cannot see the person that is trying to book my place.” Airbnb’s Terms and Conditions are clear (meaning totally unclear) - see particularly:
“The WA Labor and Liberal parties have joined forces to set up a parliamentary inquiry into regulation of the state's short-stay accommodation industry. Tension has erupted between owners of licensed short-stay businesses…and unlicensed, backyard operators who advertise through websites such as Airbnb.” Sound familiar? We have written to colleagues in Western Australia flagging with them that back in January 2017 the WA Government entered into a ‘global deal with Expedia’.
At a Local Government NSW Tourism Conference (12-14MAR18) with the Destination NSW logo prominent, more than ‘200 tourism professionals took the opportunity to look at how best to leverage the economic benefits of tourism’, with short-term holiday lettings high on the list of discussion topics. Prominent presenters: Eeacham Curray of Expedia(Stayz) sponsored by HomeAway, and Brent Thomas (Airbnb) together with Waverley Council’s Manager of Strategic Planning. Having heard
Recommendations made by the City of Sydney Council in their Response to the NSW Parliament’s ‘Options Paper’ would appear to be full of regulatory loopholes and, if adopted, could see thousands of low-income residents and students face eviction across our State. The City of Sydney however, writes that their proposal “enables short-term letting to deliver positive social and economic benefits with minimal regulatory costs”. It is stated that metropolitan and regional areas sho
“LEARNING from international examples to create a better night-time economy in Greater Sydney will be the key focus of a new Commission launched last week by independent think-tank, The Committee for Sydney”, so says a passive article in ‘urbAnalyst’ dated May 7, 2017. ”It will make recommendations on how to maximise opportunities around the night-time economy.” Yet there’s more; and we’re requesting that someone help us out in understanding the “IN’s and OUTs” of money, infl