This learned article references the Residential Landlords Association’s report on Airbnb listings in ten UK cities, which increased by almost 200% from 2015 to 2017, including England’s regional cities.
It describes the short-term rental sector as being made up of two different business models; serviced apartments offering a hotel-type experience, and the unregulated sharing economy platforms such as Airbnb.
The author then takes ASAP’s 2016 report, which showed that 86% of serviced apartments in Manchester were occupied throughout the year, as a starting point; he reports on 2017 data from 22 serviced apartment schemes, with 1,198 units across central Manchester and Salford, and compares with a 2016 survey by AirDNA, showing 310 Airbnb units in central Manchester, and over 1,500 across the wider city.
He notes the likelihood of listings run on Airbnb by owners with several properties, running them as a business, and the effect of this on the local long-term rental market. He also observes that some areas in the city are most popular with both forms of accommodation provider, putting a strain on local services and affecting the character of those neighbourhoods.
The article discusses means taken by city councils in Paris, London and Barcelona, to limit the number of nights a property can be let, and imposing fines and tourist taxes, and concludes other regional cities should look to do the same.