Any Colorado vacation rental owners out there in the ski-town areas?
Sounds like many of the bigger names are curbing Airbnbs and short-term rentals with various rules and regulations. The urban cities have been doing this for years. Denver and nearly the entire metro area are out for Airbnb investors. (There are still two Denver-area cities that allow it.) Colorado Springs allows non-owner occupied STRs but only in small pockets in the city. But it's interesting to see the ski towns that rely so heavily on tourists taking action.
Breckenridge passed a cap on short-term rentals, a cap that is already lower than the existing Airbnb stock. Summit County has temporarily stopped accepting new STR license applications. Frisco might consider a ballot measure to outright ban them. Dillon considered a moratorium. (It failed, but still.) And then several other cities are considering increasing taxes and other measures.
Anyone out there in these areas? What are you seeing on the ground?
I still like the Denver-area cities that allow Airbnb investments. And what I call the middle mountain towns like Evergreen and Conifer near Denver and Woodland Park and Divide near Colorado Springs are still open for STR business and can do well.