Sentences with phrase «hotel rents out your unit»

When you aren't using the unit, pocket a percentage of the profits when the hotel rents out your unit.

Not exact matches

The company supports a bill from Brooklyn Assemblyman Joseph Lentol and state Sen. John Bonacic that would let apartment residents rent their units out for fewer than 30 days, while the hotel industry is backing an opposing bill that would require people advertising apartments on home - rental platforms to include location details.

A Manhattan Judge ruled that a single - room - occupancy hotel on the Upper West Side must stop renting short - term rooms out to transients and tourists — after attorneys for the building's tenants filed suit alleging the company was in violation of a March court ruling that said units could not be rented for less than 30 days.

«Every day I hear from New Yorkers who are sick and tired of living in buildings that have been turned into illegal hotels through Airbnb because so many units are rented out to tourists, not permanent residents,» Rosenthal said.

«This bill will have a chilling effect on unscrupulous landlords renting out affordable housing units as illegal hotels,» Johnson added.

When you're not using your unit, you have access to the hotel's in - house management company, which will market and rent your unit out for long or short periods of time.

[2] Under the Reservation Program, owners of individual Hotel Units could place their units in a common pool of rooms to be rented out at luxury rates by the hotel's operHotel Units could place their units in a common pool of rooms to be rented out at luxury rates by the hotel's operUnits could place their units in a common pool of rooms to be rented out at luxury rates by the hotel's operunits in a common pool of rooms to be rented out at luxury rates by the hotel's operhotel's operator.

Under the Reservation Program, the hotel would rent the purchasers» units out through its own system when the purchasers themselves or their guests were not occupying them.

Renting out a property or unit on a short - term basis requires a business policy because you would fall under the category of a hotel or motel.