Vail sues Vail, what does this mean for the resort and city

Vail sues Vail, what does this mean for the resort and city

It is a bit ironic (and confusing) as the company Vail resorts sues the city that its name originated from.  The suit highlights a not so happy marriage or relationship or breakup of the two Vails.  In a nutshell Vail resorts and Vail are having a legal...
What does this election mean for CO real estate: are taxes really going down?

What does this election mean for CO real estate: are taxes really going down?

It has been a crazy election cycle in Colorado with multiple initiatives impacting everything from alcohol, nightly rentals, income taxes, school lunches, magic mushrooms, etc…  Some taxes were reduced, others were increased.   What were the big Colorado initiatives...
CO Short term rental elections 20% tax rates approved, what are the results and what does this mean to you and Colorado ski real estate?

CO Short term rental elections 20% tax rates approved, what are the results and what does this mean to you and Colorado ski real estate?

Regardless of party affiliation, this has been a big voting season for Colorado real estate and there was a resounding message relayed at the polls.  Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County all decided whether...
6 CO ski towns have short term rentals on ballot; what does this mean for real estate

6 CO ski towns have short term rentals on ballot; what does this mean for real estate

Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County will all decide whether to impose additional taxes, with at least part of those funds in each municipality going to support affordable housing. What are the new short term...
Ruling in Louisiana court halts Frisco’s plan for short term rentals

Ruling in Louisiana court halts Frisco’s plan for short term rentals

  Frisco had originally planned to offer a “locals” only license classification for short term rentals.  A new ruling in Louisiana put these plans on hold and could jeopardize many other communities short term rental laws.  What was in the ruling and...
Steamboat’s occupancy plummets, revenues soar, what is going on?

Steamboat’s occupancy plummets, revenues soar, what is going on?

Steamboat’s occupancy rate “supposedly” plummets 13% from last year, yet accommodation taxes are up an astonishing 48%.    Why is it important to focus on occupancy and sales taxes? How accurate are either of these numbers?  What does this mean for...