Sunday, October 23, 2011

Napa, Vacation Rentals and Public Policy

This 6 page public policy statement by the Napa Valley Vacation Rental Alliance) discusses contribution that vacation rentals make to local communities.  Here's the summary:


Delivering "legendary guest services" includes offering vacation rentals as a lodging option. Enforcement of a ban would have enormous consequences. To wit, in unknown but significant amounts, the following losses would be felt:


  • loss of tax revenue,
  • loss of jobs,
  • loss of dispersed job opportunity,
  • loss of diversity of industries and jobs
  • loss of capital investment,
  • loss of wine customer loyalty,
  • loss of revenues to wineries and restaurants,
  • loss of income and taxes in nearly 200 business sectors,
  • loss of property values and property tax revenue,
  • loss of charitable giving,
  • loss of The Napa Valley brand value, and just possibly one day,
  • loss of our position as the premiere destination for wine, food and wellness.

INSTEAD, REGULATED VACATION RENTALS AND THEIR TOT COULD BENEFIT THE AG, WINE, TOURISM, AND EVERY COUNTY RESIDENT.


Read the full argument or download here ...

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