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Balboa Bay Resort. The Balboa Bay Resort is a 160-room resort hotel in Newport Beach, California, United States on 15 acres (6.1 ha).The facility was founded in 1948 as the Balboa Bay Club, a private yacht club.
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The ordinance prohibits short-term rentals in residential zones and requires short-term rental owners to register their properties with the city. An aerial view of the city of Newport, Rhode Island.
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
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