The Hotel Lobby's Battle to Stop Homesharing
Ever wonder how stories from the STR opposition seem to sound eerily familiar all across the country? Multiple news sources have reported that the hotel lobby has made a substantial effort to thwart homesharing across the country.
The efforts were spearheaded last year by Katherine Lugar, chief executive of the American Hotel and Lodging Association. The trade group began to form alliances with politicians, affordable housing groups and neighborhood associations. The industry also forged relationships with hotel labor unions — which it typically faces off against on many issues — about dealing with Airbnb.
Documents obtained by Reason.com show that the American Hotel and Lodging Association has launched a concerted campaign against homesharing to cut out its competition
The opposition likes to tout that out of state investors are buying up homes in Nashville for use as an STR. Factual data shows that Nashvillians own over 80% of the short term rentals in Nashville. Meanwhile outside entities are trying to manipulate Nashville homeowner’s rights one way; while lobbying for corporate hand outs from our own local government.
Ryman Hospitality will get an estimated $13.8 million in city incentives as part of the company’s plans for a new private water park at its Gaylord Opryland Resort & Convention Center following Metro Council action Tuesday.
Omni is also set to receive a 62.5 percent property tax discount for 20 years after the new hotel opens, an incentive the council approved by voting for a separate ordinance Tuesday night.
Nashville’s development agency approved up to $3.3 million in public financing for a Hyatt Regency hotel near Music City Center.
Giarratana Nashville LLC has secured about $3 million in tax incentives from Metro and is prepared to move forward on the development of a Marriott hotel on First Baptist Church property in SoBro.
And to top that off. Hotels in Nashville are charging some of the highest rates in the country.
Boston, Washington DC, San Francisco and Portland, Oregon round out the top five cities.
The average nightly price tag for a Nashville hotel room clocked in at $261, outranking Boston at $257 per night and Washington, D.C. at $192 per night.
the average daily rate in the overall Nashville market was about $134, according to data from industry tracker STR. That compares to $141 in Austin and $200 in New York City.
Makes you wonder. What is really driving the opposition and who really is working for who?