Short Term Rentals PresentationShort -term rental (STR) is the practice of renting a portion of or an
entire home to a person or group of people for periods of less than
30 nights.
• In recent years, there has been exponential growth of STRs offered
through "sharing economy" websites, such as Airbnb, VRBO, Flipkey
and Homeaway.
The growing popularity of STRs is forcing municipalities across the
country and world to develop strategies in response.
Status Quo vs. Regulation
The current Zoning Ordinance is silent
on the subject of STRs as a permitted
use in any of the Town's zones, which
by default prohibits them.
■ The Town enforces the prohibition on a
complaint- driven basis.
■ Airbnb's website shows between 50
and 100 properties currently listed in
Los Gatos.
Approximate Airbnb Locations in Los Gatos
Source: Inside Airbnb (red: entire homes /apts, green: private /shared room)
y
Source: Inside Airbnb (red: entire homes /apts, green: private /shared room)
Considerations for Regulating STRs
• Hosted vs. Un- Hosted Rentals
• Geographic Zones
• Limiting the number of days allowed per
year
• Maximum number of guests at one time—
Hosted
■ Maximum number of guests at one time-
Un- Hosted
■ Parking
■ Commercial Uses
■ Make no changes to current ordinances and create
enforcement tools to encourage compliance.
Create an ordinance regulating STRs and rely on
owners /hosts to report and remit TOT to the Town.
in Create an ordinance regulating STRs and enter into an
agreement with Airbnb wherein Airbnb collects TOT and
remits directly to the Town on behalf of its hosts.
Enter into an agreement with Airbnb wherein Airbnb collects
TOT and remits directly to the Town on behalf of its hosts
while not changing the current Town ordinances.