Shor-term rental operators in Kansas City are expressing frustration with the city’s new restrictions, including a ban on any future non-resident short-term rental applications in residential areas. “From a business standpoint, there’s no growth in the industry,” said Lance Pierce, owner of Kansas City-based Karat Vacation Rental Management, who launched his company about 10 years ago. “We were going to hire additional people this year to help manage growth.”’ Those plans are now on hold. Kristen Doppelt, owner of Cozy in KC, a short-term rental property management company that launched in 2018, said, "With this ban, we really need to look at growing in an outside market and potentially taking our business elsewhere, which is exactly what I didn’t want to do. I’ve managed all over my entire career, so being able to have a management company in Kansas City was my pride and joy.”
Kansas City Business Journal (06/05/23) Leslie Collins