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Maureen Salahshoor Denver, CO
Technological development has been rippling through the short-term rental (STR) space in recent years, with hosts embracing new developments to help monitor noise, check occupancy and otherwise streamline operations—but they’re not the only ones looking at new tech. A tidal wave of change is coming soon for non-compliant hosts, and they’d do well to prepare before it hits.
Based on recent trends, 2023 is likely to be the year that government adoption of technology to automate auditing short-term rental compliance in their jurisdictions hits its stride. Spurred on by regional controversies over short-term rentals, cities such as Forth Worth and Galveston, Texas; and more than 20 others have already started looking into contracting data-mining solutions powered by artificial intelligence to identify and monitor non-compliant properties. Hosts that have been operating underground for years, comfortable and complacent from an absence of frequent inspections, may soon find their operations crashing down under an artificial intelligence (AI)-driven compliance sweep. Read on to learn more...
Pablo A. San Antonio, TX
Mar 12 2023, 05:52 AM
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