31 Regina residents applied to rent their property out leading up to Grey Cup week
With hotels in and around Regina virtually sold out, many residents had to turn to other means of accommodation during Grey Cup week.
Airbnb and Vrbo were both options in the city and surrounding area for those who were unable to secure a hotel room, some of which were booked solid a year in advance.
The City of Regina was encouraging local residents to consider applying for a short-term licence to rent their property to Grey Cup fans coming in from across Canada.
According to an email from the city, there are currently 299 short-term accommodations licenced, with 251 of those being new licences issued in 2022 and 48 renewed from 2021.
The city said that since Oct. 15, 31 licences were issued, but they could not determine if it was specifically due to Grey Cup festivities since the licences are issued on annual terms.
The city also said that as of Nov. 21, 23 postings were revoked over the previous 30 days after failing to obtain a licence.
Since May 2021, the City of Regina has required that property owners obtain a short-term accommodation licence if they would like to set up their main or secondary residence as a rental.
In a release, the city said that a short-term licence is required when residents intend to rent out their property for less than 30 days.
A licence fee for a principal residence is $100 for the year. A secondary property will cost $300 for a year.
An application form must first be completed.
Applications take a few days to process, the city said.
Most properties are then advertised on popular online marketplaces like Airbnb and Vrbo.
According to Airbnb, in 2021 the typical host in Regina earned an average of more than $7,600 on the platform.
The average earned last year represents more than a month’s pay for the median Canadian household, according to Airbnb.
Data for the 2022 Grey Cup in Regina is still being compiled, but Airbnb said for the 2021 Grey Cup in Hamilton, Ont. hosts collected over $160,000 for nights booked between Dec. 10 and 12.
CTVNews.ca Top Stories
Deadly six-vehicle crash on Highway 400 sparked by road rage incident
One person was killed in a six-vehicle crash on Highway 400 in Innisfil Friday evening.
'Of course, yes': Poland latest European country with interest in Canadian LNG
The President of Poland says his country would 'of course' be interested in purchasing Canadian liquefied natural gas if it were available, while the Canadian federal government has said it is 'not interested' in subsidizing future projects.
Here's where Canadians are living abroad: report
A recent report sheds light on Canadians living abroad--estimated at around four million people in 2016—and the public policies that impact them.
Dozens in Italy give a fascist salute on the anniversary of Mussolini's execution
Dozens of people raised their arms in the fascist salute and shouted a fascist chant during ceremonies Sunday to honor Italian dictator Benito Mussolini on the 79th anniversary of his execution.
Chants of 'shame on you' greet guests arriving for the annual White House correspondents' dinner
An election-year roast of U.S. President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents' dinner Saturday.
Invasive and toxic hammerhead worms make themselves at home in Ontario
Ontario is now home to an invasive and toxic worm species that can grow up to three feet long and can be dangerous to small animals and pets.
Health minister 'deeply appreciative' of doctors but capital gains changes here to stay
Health Minister Mark Holland says while he is 'deeply appreciative' of the work doctors in Canada do, the federal government has no plans to scrap the proposed capital gains tax changes outlined in the latest budget, despite opposition from the Canadian Medical Association.
Opinion I just don't get Taylor Swift
It's one thing to say you like Taylor Swift and her music, but don't blame CNN's AJ Willingham's when she says she just 'doesn't get' the global phenomenon.
Sophie Gregoire Trudeau on navigating post-political life, co-parenting and freedom
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.