Short-term rental and hotel stays on Martha's Vineyard have continued to do well since the spike for demand during the coronavirus pandemic.
Island communities took in nearly nine-million-dollars in room tax fees since they were permitted in 2018, and the figures for July through September saw a take of over four-million.
Rental agents, however, say these numbers are deceiving because demand post-pandemic is down, and rising costs to stay on the Vineyard are rising.
Managers say there has been a shift toward more expensive rental properties, as well.
Some communities are considering additional rental regulations, including an increase in the room tax plus stay limits.
(Photo by JOSEPH PREZIOSO/AFP via Getty Images)
Photo: JOSEPH PREZIOSO / AFP / Getty Images