Earlier this evening, the Nashville Metro City Council enacted clear, fair rules that make it easier for people to share their homes and their city with travelers from around the world. In enacting these new rules of the road, Music City joins the ranks of innovative cities across the world who are embracing the positive impacts of home sharing for neighborhoods and local businesses.
Tonight’s vote comes after months of discussion between policy makers, stakeholders, and the Nashville community – including Airbnb hosts. The new measure clarifies the law to authorize short-term rentals in Nashville, making it possible for hosts to share their home when they’re present and when they’re not. The law also creates a set of simple rules designed to help ensure that guests are safe, community concerns are addressed, and it recognizes the benefits that home sharing brings to the local community.
These new regulations will also help local hosts pay their bills and make ends meet, while providing more unique options for travelers to Nashville. Airbnb guests spend more time and money in the cities they visit than the typical hotel guest, while broadening the impact of tourism to more neighborhoods and small businesses. Nashville joins a quickly growing list of places like Amsterdam, Hamburg, San Francisco, France, and San Jose at the forefront of embracing progressive rules for home sharing.
The world is embracing the incredible benefits the sharing economy provides in empowering individuals and strengthening communities. As more cities like Nashville choose to embrace the sharing economy, more cities will benefit from the social, financial and other impacts we know our community brings.
We look forward to continued progress in Nashville and other cities around the world to ensure the sharing economy continues to thrive.