How Illegal Short Term Rentals Affect the Hotel Industry
Greater Miami & The Beaches Hotel Association
Speaking Engagement
April 12, 2017
Carter N. McDowell is a panelist at the Greater Miami & The Beaches Hotel Association discussion on how illegal short term rentals are affecting the hotel industry.
Related Practices
YOU MIGHT ALSO LIKE
A lack of developable land in Florida, coupled with a rise in demand for commercial and residential real estate, is leading savvy investors to redevelop aging condominiums.
In 2022, the Florida legislature passed a series of laws impacting the nearly 1.5 million condominium units throughout the state – along with the 28,000 associations overseeing the properties. These strict policy changes may open the door to a significant rise in condo redevelopment.
There is always tension in a hotel condominium between what is good for the brand versus what is good for the individual unit owners. Two recent cases - both involving nontraditional hotel condominiums with unfortunate fact patterns - demonstrated this tension.