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What is a short-term rental?
A Short-Term Rental (STR) is typically defined as the rental of a residential dwelling/home (or one or more rooms within it) by paying guests, typically for a short period of time (a few days, weeks or months). STRs are different from hotels, motels, and resorts because they're taking place in – and often involve the conversion of – residential homes. They're also different from traditional Bed & Breakfasts because they often involve the rental of an entire home (not just a room), often without an onsite host. Airbnb and VRBO are two examples of online platforms that facilitate short-term rentals.
Purpose
The purpose of this community survey is to assess residents' views on the key trade-offs associated with short-term rentals: on what side of those trade-offs do residents land, and what would they like to see for short-term rental regulations.
Survey Considerations
Slave Lake has entered a "boom" period as oilfield and other activity bring more people to Town. There is now a serious shortage of housing for residents (both to rent and buy), and a shortage of temporary accommodation for non-resident workers and guests. Some other considerations:
Recently, an increasing number of local homes have been converted to Airbnbs (short-terms rentals), which is a new trend not addressed by current bylaws. To improve regulation of STRs, the Town faces some tough choices.
On the one hand, we know STRs can decrease the availability and affordability of long-term housing. As the number of STRs goes up, they can also change the feel of neighbourhoods.
On the other hand, we know STRs can provide accommodation for non-resident workers and visitors (including with kitchens, more space, etc.). They also give owners a chance to earn more revenue - with more flexibility and control - than renting to a long-term tenant.
If the Town had plenty of homes, then STRs wouldn't be as big a problem from a housing perspective. And if the Town had plenty of hotel rooms, cabins, etc. (including more with kitchens), then STRs wouldn't be as needed from a temporary accommodation perspective.
This survey is now closed. A second short-term rental survey will go live in late April, 2024.
What is a short-term rental?
A Short-Term Rental (STR) is typically defined as the rental of a residential dwelling/home (or one or more rooms within it) by paying guests, typically for a short period of time (a few days, weeks or months). STRs are different from hotels, motels, and resorts because they're taking place in – and often involve the conversion of – residential homes. They're also different from traditional Bed & Breakfasts because they often involve the rental of an entire home (not just a room), often without an onsite host. Airbnb and VRBO are two examples of online platforms that facilitate short-term rentals.
Purpose
The purpose of this community survey is to assess residents' views on the key trade-offs associated with short-term rentals: on what side of those trade-offs do residents land, and what would they like to see for short-term rental regulations.
Survey Considerations
Slave Lake has entered a "boom" period as oilfield and other activity bring more people to Town. There is now a serious shortage of housing for residents (both to rent and buy), and a shortage of temporary accommodation for non-resident workers and guests. Some other considerations:
Recently, an increasing number of local homes have been converted to Airbnbs (short-terms rentals), which is a new trend not addressed by current bylaws. To improve regulation of STRs, the Town faces some tough choices.
On the one hand, we know STRs can decrease the availability and affordability of long-term housing. As the number of STRs goes up, they can also change the feel of neighbourhoods.
On the other hand, we know STRs can provide accommodation for non-resident workers and visitors (including with kitchens, more space, etc.). They also give owners a chance to earn more revenue - with more flexibility and control - than renting to a long-term tenant.
If the Town had plenty of homes, then STRs wouldn't be as big a problem from a housing perspective. And if the Town had plenty of hotel rooms, cabins, etc. (including more with kitchens), then STRs wouldn't be as needed from a temporary accommodation perspective.
This survey is now closed. A second short-term rental survey will go live in late April, 2024.
