Irish housing minister to introduce home sharing restrictions
Ireland: Housing minister Eoghan Murphy plans to stop landlords from putting rental properties in Dublin on Airbnb by restricting home sharing in the city to the principal family residence. According to a report in The Times, Murphy will bring proposals to cabinet this week to restrict short-term lettings to vacant rooms in a family home […]
Vacation rental decision goes to the voters in South Portland
US: After a year of debate over how to best govern vacation rentals in South Portland, Maine, the city council will let voters have the final say. That decision comes after two council attempts at creating rules for short-term rental units were rejected by citizens petitions. Residents will now have the option of voting to […]
Dusit enters vacation rental market with $15 million acquisition of Elite Havens
Thailand: Dusit Thani (DTC), one of Thailand’s biggest hotel and property development companies, has bought Elite Havens, a leading provider of high-end vacation rentals in Asia. DTC made the acquisition through its wholly owned Hong Kong-incorporated subsidiary, Dusit Overseas Company Limited, which has bought all shares in LVM Holdings Pte Ltd. (LVMH), a Singapore-incorporated company […]