Lewisville reports operation of short-term rentals drop 25% in September
The Lewisville City Council revealed a significant 25% decrease in the operation of short-term rentals (STR) since September, with numbers dropping from 121 to 91 between June and October. This decline is attributed to the implementation of new regulations affecting local STRs, including permitting and compliance with hotel occupancy tax requirements. The council's findings underscore the impact of regulatory measures on the short-term rental market in Lewisville.