Vineyard vacation rental companies are advising clients to consider lowering their weekly rates in response to a large number of vacancies this season.
Tax revenue from short-term rentals and hotel stays on the Vineyard reached an all-time high last year, and the first quarter of 2024 is already off to a sizzling start.
At their meeting on Tuesday, Oct. 17, the planning board reviewed a draft bylaw from the short-term rental committee which would limit residents to one short term rental property per person, with 12 weeks total allowed to be rented on a short-term basis.
How was commerce on Martha’s Vineyard this summer? If most business owners gave it only a passing grade, those catering to the wealthy had a different take.
Once a rare luxury, swimming pools on Martha’s Vineyard have burgeoned in popularity, driven in part by demand from the summer rental market for more amenities.
