City of Penticton looking at short-term rental impact
Global News
As of Wednesday, there were 499 rentals listed on various sites in Penticton, but over 100 of the properties are unlicensed.
The city of Penticton is looking at further regulation of short-term rentals to ensure property owners are in compliance. The latest report from city staff states there are 499 rentals at various sites.
Although the report shows a rising number of licensed short-term rentals, there are still over 175 unlicensed properties.
“That means we have about a 68% compliance rate when you compare the ones that are licensed to the ones that are unlicensed, which fluctuates daily,” said Blake Leven, City of Penticton director of development services.
The report also outlined the benefit of having a short-term rental program in the city.
“Tourism is so important whether it’s wine tourism or recreational tourism and we just don’t have enough tourist offerings that are traditional hotels and motels,” said Laven.
Shane and Rhonda Doyon have operated an Airbnb property for seven years and say it has been quite successful.
“We love meeting the people,” said Rhonda.
