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
Canadian gov't proposes new foreign influence registry as part of wide-spanning new bill
Prime Minister Justin Trudeau's government is proposing a suite of new measures and law changes aimed at countering foreign interference in Canada, amid extensive scrutiny over past meddling attempts and an ever-evolving threat landscape.
Boeing Starliner capsule's first crewed test flight postponed
The long-awaited first crewed test flight of Boeing's new Starliner space capsule was called off for at least 24 hours over a technical issue that launch teams were unable to resolve in time for the planned Monday night lift-off.
Teacher charged in historical sexual assault of Calgary teenage girl
Calgary police have charged a teacher with the alleged sexual assault of a teenage girl more than 20 years ago.
Winnipeg man admits to killing four women, argues he's not criminally responsible
Defence lawyers of Jeremy Skibicki have admitted in court the accused killed four Indigenous women, but argues he is not criminally responsible for the deaths by way of mental disorder – this latest development has triggered a judge-alone trial rather than a jury trial.
Man banned from owning animals after fatal Calgary dog attack
The owner of three Calgary dogs that got loose and mauled a woman to death in 2022 has been ordered to pay a $15,000 fine within one year and banned from owning any animal for 15 years.
East-end Ottawa family dealing with massive rat infestation
Residents in Ottawa’s Elmridge Gardens complex are dealing with a rat infestation that just won’t go away. Now, after doing everything they can to try to fix the issue, they are pleading with the city to step in and help.
Mediterranean staple may lower your risk of death from dementia, study finds
A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists.
An El Nino-less summer is coming. Here's what that could mean for Canada
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
Newfoundland and Labrador latest province to tighten rules on Airbnbs
Newfoundland and Labrador is the latest jurisdiction to bring in stricter rules for short-term rentals, with a coming set of regulations that will force operators to register with the provincial government.