The Star: Airbnb-style rentals have no impact on traditional hotels, tribunal told

The proliferation of Airbnb-style rentals hasn’t caused the decline in the development of traditional hotels in downtown Toronto, a land economist has told a provincial tribunal that’s hearing an appeal of the city’s short-term rental bylaw. Peter Thoma, founder of urbanMetrics, said Toronto is facing an accommodation crunch — one that will be worse if the city’s bylaw is allowed to take effect because it will drive out short-term rental operators who manage multiple units, which attract visitors who might not be able to afford or want to stay in a traditional hotel. Read More....


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988