Where does the income of 188bet online casino games owners in Miami, USA come from?

Industrial Investment Author of this article: Xu Liyang 2016-05-30
The American Hotel & Lodging Association (AH&LA) releases a new report on the impact of 188bet online casino games on U.S. cities,According to research,In a survey of 14 major U.S. cities,Miami has the highest multi-unit owner/renter ratio。

The American Hotel & Lodging Association (AH&LA) releases a new report on the impact of 188bet online casino games on U.S. cities。This time,Association puts focus on Miami Beach, Florida,Because it’s there,Short-term rental laws are stricter than other states。

In 188bet online casino games,Any lease less than six months,Even if you rent for just one day, it is considered a short-term rental;Starting from 2008,188bet online casino games citywide bans the use of all single-family homes in residential areas for short-term rentals,No exception;Today,Short-term rentals are only allowed in multifamily buildings in designated areas,And all lessors need to apply for a license or permit,Once the regulations are violated,Owners may be subject to fines ranging from 0 to ,500。

Although the legislation is not in line with the country’s stance on short-term rentals,But in 2011,Florida passed a statute that prohibits local governments from regulating and restricting short-term rentals,Includes restrictions on lease period and rental frequency。But,Any regulations established and implemented before 2011 still apply,So 188bet online casino games and some of its surrounding cities can still restrict or ban short-term rentals。

But no matter what laws apply in Miami,Its short-term rental market is still hot。In fact,Numbers based on recent CBRE hotel report,Miami is the fourth most active region for 188bet online casino games,There are approximately 5199 active homes,From October 2014 to September 2015, it generated a total revenue of nearly US0 million。

According to AH&LA research conducted by Pennsylvania State University’s School of Hospitality,In a survey of 14 major U.S. cities,188bet online casino games has the highest multi-unit owner/renter ratio。The reference period of the report is from October 2014 to September 2015,The key data are as follows:

188bet online casino games hosts in Miami make 62% more money,Over million from multiple unit rental owners。

In Miami area 188bet online casino games hosts account for 76% of income, Approximately million,From a property owner who rents out his property for more than 180 days throughout the year。

Owners who rent out their apartments for more than 360 days throughout the year contribute 40% of all 188bet online casino games host income, Approximately million。

The two zip codes with the highest concentration of 188bet online casino games hosts are 33139 (South Beach、Downtown) and 33140 (Central Beach),188bet online casino games revenue in these two regions totals more than .2 million。

If an 188bet online casino games owner in Miami is required to pay taxes (including state sales tax、City Tax、Hotel occupancy tax, etc.),The tax revenue they can contribute will exceed .9 million。

188bet online casino games refutes AH&LA’s findings,Also called it “a study sponsored by the hotel industry that is inconsistent with the facts”。Christopher Nulty, 188bet online casino games’s head of public affairs, said in a statement: “AH&LA failed to take into account that more and more consumers and cities are embracing shared spaces with open arms。Short-term rentals have been a driver of tourism in Miami,Now shared space has expanded its influence,And make tourists’ tourism consumption flow to new communities and small businesses。”

Christopher Nulty also pointed out,In Florida,188bet online casino games owners are trying to form a voluntary taxation agreement,This is the same as 27 other counties in Florida,and such as San Francisco、Similar agreements reached in Portland and other places。

He said,“We will continue to have effective dialogue with officials,To enable us to collect hotel taxes in the 188bet online casino games area,And hope to reach an agreement soon。”

188bet online casino games’s own statistics in Miami,No surprise,Paints a completely different picture than the AH&LA report。Last year,There are more than 87,000 people stayed at Airbnbs in the Miami area,Average dwell time is 4.8 nights。2015,One 188bet online casino games owner can earn ,400 by renting for 42 nights。

The home sharing platform also noted,Problem showing booking available but actually booked。While AH&LA’s report states,During the period from October 2014 to September 2015,28% of rooms shown to be available for booking,But 188bet online casino games says half of them,i.e. 14%,Already actually booked。 188bet online casino games data also shows,No room is booked for more than 360 days throughout the year,Another only 1% of rooms are booked for more than 300 days throughout the year。

It’s worth noting,188bet online casino games’s data is not completely transparent。Last November,188bet online casino games released its daily operating data in New York,But actually inside 188bet online casino games,There is an independent,Discovered by third-party 188bet online casino games researcher,Previously released data erased some data of illegal hotels or commercial operations。188bet online casino games initially denied the findings from its internal investigation,But admitted this behavior in subsequent actions。

Regardless of whether the properties in question are actually booked,The main message AH&LA wants to express is,Having a multi-unit or full-time 188bet online casino games commercial operator itself poses a threat to local business and residential communities。

Katherine Lugar, president and CEO of AH&LA, said in a statement: "The rental operation of residential properties without regulations and regulations is very detrimental to the community,For example, guests may face serious safety issues,This problem may also threaten other residents in the community。In Miami,Just like in other cities across the country,We’ve seen 188bet online casino games’s reluctance to be transparent about its data,Or take action to create a safe living environment for users。And now we know why,Because an increasing number of 188bet online casino games owners’ income comes from unregulated and illegal commercial owners who use the platform to operate and provide illegal accommodation。”

She also added,"In Miami、Florida,Even policymakers nationwide should take action to effectively regulate 188bet online casino games,Close the loophole in illegal hotels,To ensure a safe and fair tourism market。”

* Author of this article: Xu Liyang,Zhihui 188bet online casino games Analyst,Head of Zhihui’s office in Berlin, Germany。

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