The short-term rental industry in Calgary is booming.
But as some see the need for process change to ensure the safety and well-being of guests, hosts, and communities, prepare for upcoming amendments. Effective Tuesday, June 6, 2023, the City Council has approved changes to the bylaw for
Calgary short-term rentals with hopes of striking a balance between community concerns and the short-term rental businesses that operate within them.
Keep reading to learn about the new short-term rental changes and the support they’re receiving.
There are three key changes to business licence requirements for hosts who rent properties on platforms like Vrbo and Airbnb, which take effect on January 1, 2024.
Airbnb is supporting the new changes to the bylaw for short-term apartment rentals in Calgary by committing to work with hosts and the city of Calgary to help implement them.
Multi-family buildings are prime real estate for short-term rentals. The Beltline Neighbourhood Association, representing the residents of these buildings, has heard concerns regarding short-term rentals and their effects on some residents.
The Beltline Neighbourhood Association welcomes the changes to the bylaw, and they believe that the amendments will improve their residents' quality of life.
The City of Calgary plans to launch several awareness campaigns to provide information regarding the enhanced licence application process to both the hosts of short-term rentals and the guests. The more information we have, the more questions will arise, leading to a safer and more enjoyable experience for all.
Calgary currently has more than 4,000 licensed short-term rental accommodations and expects the industry to grow steadily. Current hosts can continue operating under their old licence until January 1, 2024, but are encouraged to work on updating sooner than later to ensure timely approval.
The City of Calgary's short-term rental industry is a vital economic resource. By implementing these changes to the bylaws, the city aims to ensure the safe and responsible operation of short-term rentals and address and resolve community concerns, all while supporting the industry’s continued growth.
Are you looking to turn your Calgary property into a
short-term rental investment opportunity?
Turn to Aisling Baile.
Our proven full-service turnkey
property management process covers all your short-term or vacation rental needs, including creating your listing, marketing your property, guest communication and vetting, home staging and setup, cleaning, maintenance and repair, revenue management, and more.
You’ll have access to our experienced must-haves and
optional extras
list, ensuring a world-class experience that stands above the competition.
Whether you're in the market for your first rental property or an industry veteran, we have the team to take your space to the next level.
All Rights Reserved | Aisling Baile Inc.