Short-term rentals: Three questions a city/county should answer to benefit from this market

Short-term rentals (STRs) are a phenomenon of today's "shared economy" - a world in which technology advancements have upended traditional business models. Since 2011, the number of STR properties listed on the top four websites (e.g., Airbnb, VRBO) has exploded from about 900,000 to 8 million, an increase of almost 800%. With dramatic increase in properties participating in short-term rentals, why aren't governments seeing an increase in revenue?

The Financial Performance Group in Florida Expands with New Hire Leon Corbett

Leon Corbett has joined MGT Consulting Group as a Director within its Financial Performance Group focused on expanding MGT’s reach and client impact in the Florida market. He brings nearly two decades of experience in the government, transportation, and tourism industries. His role at MGT is to provide trusted analysis and advice to government organizations as they pursue innovative financial and funding solutions, including cost allocation plans, user fee studies, public private partnerships (P3s), and infrastructure finance.