At the beginning of August, the New Orleans City Council passed a ban on short term rentals of whole houses not occupied by owners. New Orleans is not alone in this measure with similar regulations in San Francisco, Santa Monica, and New York City.
Many laud these new restrictions since Airbnb-style rentals have been found to increase property taxes, have negative effects on historic neighborhoods and tend to push out working-class citizens who have long called the area home. Others are outraged by these new laws, saying that short-term rentals provide a new source of income in a gig economy and more affordable options for travelers of different financial backgrounds.
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When it opened earlier this year, Bungalows Key Largo, triggered excitement throughout the travel industry. Located on 12-acres just 63 miles south of Miami, the luxe property represented the first all-inclusive resort ever to set-up shop in the Florida Keys and travelers far and wide took notice.
But within months of welcoming its first guests, a fire at the resort which impacted its restaurant building caused the property's indefinite closure. Travelers have since been waiting eagerly for Bungalows Key Largo to come back online and it looks like the wait may soon be over. |
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February 2020
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