The Impact of Regulation on STR Markets in 2025

1/12/2026

Regulation significantly reshaped short-term rental (STR) markets in 2025, writes Lighthouse's Joe Hanly, but impacts varied widely by location. Data across major global cities show that stricter rules often reduced or stabilized supply rather than eliminating it, while occupancy and pricing remained heavily influenced by seasonality, travel demand, and local dynamics. Markets such as New York, Istanbul, and Vancouver saw notable supply declines after tighter enforcement, while others like Amsterdam and Florence continued to grow despite caps and bans. Overall, 2025 marked a moderation in peak occupancy and prices compared with 2024, though high-demand destinations continued to command premium rates under regulated environments.

hospitalitynet (01/05/26) Joe Hanly