Navigating the shift: Mid-term rentals in D.C.’s short-term market
The short-term rental landscape in Washington, D.C., has undergone significant transformation in recent years, driven by the dual market shocks of a pandemic and changing regulations.
In addition, consumer preferences have been evolving. At the forefront of this shift is Charlotte Perry, owner of LUXbnb, who has been in this business for 14 years.
Her experience and adaptability have helped her not only to survive, but also to thrive in the furnished rental market. I sat down with Charlotte to discuss her insights on mid-term rentals, the impact of recent regulations, and her strategies for success. Scott: Charlotte, thank you for joining me in this discussion.
You’ve been in the short-term rental business for over a decade. How have you seen the landscape change in recent years, particularly with the implementation of new regulations? Charlotte Perry: Yes, the market has definitely evolved, especially with the pandemic and restrictions on short-term rentals.
