Short-term vacation rentals are changing the tourism landscape in Alabama. These rentals— usually found on sites like Airbnb and VRBO — allow people to stay in a variety of highly sought-after locations that were harder to access previously because of a lack of lodging accommodations like hotels.
Alabama’s cities, lakes, mountains, and beaches offer something for everyone, despite their travel preferences. Not to mention, these locations are also, highly profitable places to host short-term rentals according to recent data released by Yellow Hammer News. This increase in travel brings new economic development opportunities to communities in Alabama, but what does this mean for local governments? There might be revenue left on the table that could benefit the community.
Download this infographic to learn more about Alabama’s short-term rental market and what it means for local governments.