Short Term Rental

Download as pdf or txt
Download as pdf or txt
You are on page 1of 13
At a glance
Powered by AI
Some of the key takeaways are that there are currently around 1,500-1,850 short-term rentals operating in El Paso, with the vast majority (over 74%) being listed on Airbnb. The approximate occupancy rate for short-term rentals is 58%.

The current conditions outlined are that there are approximately 1,500-1,850 short-term rentals operating in El Paso today, with the vast majority (over 74%) being listed on Airbnb. The approximate occupancy rate for short-term rentals is 58%, according to data from AirDNA Market Minder.

Some of the comparative cities being analyzed include San Antonio, Plano, Waco, Albuquerque, Lubbock, Austin, and Dallas.

Short-Term Rental (STR)

Cross-functional Team
Update

January 18, 2023

1
EP.A...
TX~
Cross Functional Team Activation

Planning and Inspections Fire


Code Enforcement Office of the Comptroller
Police Office of Management and Budget
Strategic Communications Purchasing and Strategic Sourcing
City Attorney’s Office Information Technology Services

2
EP.A...
TX~ Agenda

• Current Conditions
• Comparative Cities
• Focus on Results
• Community Outreach
• Next Steps

3
Current Conditions
~
Serino
Chapa rral

• 1,500 – 1,850 STRs operating in


Anthony ·······\:·404
.···
~ -~--- I

El Paso today

• Vast majority (74%+) of STRs are


listed on Airbnb
Ciudad J

GJ
• Approximate occupancy rate: 58%
Resplandor
de Vida
Valle Dorado
cuarta Etapa
La Escondida
@ Ninguno
CERESO

£
airbnb
Data via AirDNA Market Minder: https://www.airdna.co/vacation-
rental-data/app/us/texas/el-paso/overview
4
EP.A...
TX~ Comparative Cities

• San Antonio
• Plano
• Waco
• Albuquerque
• Lubbock
• Austin
• Dallas
5
Focus on Results
• Recommend an Ordinance that addresses both Hosts and
Neighborhood concerns
• Focuses on the safety of the guests and neighborhoods
• Create a simple user-friendly process to register a permit
• Establish a permit fee based on cost of service
• Planning and Inspections, Code Enforcement, Police, and Fire
• Collect the hotel occupancy tax per state statute

6
Initial Framework
Definition of a Short-Term Rental (STR)
How do we define the property types?
Density Limitations
How many STRs can be within an area or neighborhood?
Safety Requirements
What type of safety requirements need to be provided?
Permit Requirements
What does this include and associated cost?

7
Basic Property Definition
Short-Term Rental:
A residential dwelling unit, apartment, condo, or
accessory where sleeping areas are rented to
overnight guests for a period of less than 30
consecutive days

8
Community Feedback
Gather actionable feedback for the Short-Term Rental Ordinance
from:

• Community Members
• Hosts & Guests
• Hotel/Motel Association
• Chambers of Commerce
• Neighborhood Coalition
• Developers •
9
EP.A_
TX~
19iii·ii#ikli·I Public Outreach Summary
• Website • City TV
• Press Releases • Neighborhood Associations
• Social Media • District Representative Meetings
• Traditional Media • Community Meetings
 Interviews • Council Newsletters
 Story Pitches
• Presentations to Communities of Excellence Partners
(key stakeholders; e.g., Chambers, DMD, Hotel/Motel Association, Apartment
Association, Realtors Association, etc.)

10
10
EP.A_
TX~
19111·1 i#ikli·I Public Outreach Summary
Staff will reach out to coordinate Council-hosted meetings. Staff will host additional
community meetings. Below are the tentative dates for the additional meetings:
Proposed In-Person Meetings
MONDAY, FEBRUARY 6, 2023 | 6PM WEDNESDAY, FEBRUARY 8, 2023 | 6PM
Pebble Hills Regional Command Center Northeast Regional Command Center
10780 Pebble Hills Blvd. 9600 Dyer St.

TUESDAY, FEBRUARY 7, 2023 | 6PM THURSDAY, FEBRUARY 9, 2023 | 6PM


Westside Regional Command Center Mission Valley Regional Command Center
4801 Osborne Dr. 9011 Escobar Dr.
•••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
Proposed Hybrid Meeting:
MONDAY, FEBRUARY 13, 2023 | 6PM Virtual Link: Microsoft Teams meeting
City Hall, 300 N. Campbell St. Click here to join the meeting
Meeting ID: 247 625 936 120
Passcode: hTwJVc

11
11
CFT - Next Steps
• Conduct Community Meetings
• Coordinate City Council-hosted meetings
• Coordinate Additional Community and Communities of
Excellence Partner meetings
• Final Recommendation to City Council Spring 2023

12
~
L: :J Vision
Develop a vibrant regional
economy, safe and beautiful
neighborhoods and exceptional
recreational, cultural and educational
opportunities powered by a high
performing government

13

You might also like