Only 3 Sedona Airbnb hosts have applied to a program that would pay local landlords $10,000 to rent homes to everyday people instead

Jan 5 2023 by Business Insider

 
Sedona, Arizona, has attracted visitors for decades with its iconic red-rock formations.

Curt Apduhan/Getty Images

Sedona, Arizona, offered last year to pay short-term-rental hosts up to $10,000 to delist homes. Only three applicants have shown interest in the plan to increase long-term-housing supply. An official said the program was just one step and she hoped Arizona would OK short-term-rental caps.

Sedona's attempt to lure property owners off Airbnb and Vrbo with up to $10,000 appears to...

Continue Reading Only 3 Sedona Airbnb hosts have applied to a program that would pay local landlords $10,000 to rent homes to everyday people instead