Proponents of tightening restrictions on short-term residential rentals in Las Vegas were given a narrow victory Wednesday after the City Council approved limiting new permits to owner-occupied homes, likely significantly reducing the number of legal home-sharing units in the future.
The Las Vegas City Council appears to be changing course from a proposed city-wide ban on short-term rentals.
The committee making recommendations to Gov. Brian Sandoval and the Nevada Legislature on attracting events to the new Las Vegas stadium is leaning toward expanding the role of the Las Vegas Convention and Visitors Authority and Las Vegas Events, rather than forming of a new sports commission.
About 500,000 people stayed at Airbnb rentals in the Las Vegas area last year, the company reports. That’s almost double the amount of visitors in 2016.
Attorneys for the Las Vegas Convention and Visitors Authority board have agreed to sweeten a pending deal for CEO Rossi Ralenkotter by upping his post-retirement consulting contract to $270,000 amid a police investigation of the agency.
Downtown Las Vegas developer Derek Stevens is planning a 777-room hotel and casino along the Fremont Street Experience, the first bottom-up resort construction project in years for downtown Las Vegas.
The party’s over in downtown high-rises — that’s the message Las Vegas officials sent this week as the city continues to crack down on short-term rentals.
