Short-term Rentals a Big Business Locally
Monday, November 30th, 2020
As much as 20 percent of the housing stock on St. Simons Island is tied up in vacation rentals, Glynn County commissioners believe.
“A little less than a year ago, (short-term rental booking website) VRBO … on St. Simons Island alone had over 1,500 listings of houses and condos for rent. That’s with the background of 7,500 housing units,” said Commissioner Peter Murphy, who represents the island. “Doing the math, 20 percent of the housing units were listed on St. Simons Island on VRBO alone.”
