Malibu may expand short-term rental tracking software
The City Council will consider new monitoring tools to track STR revenue, night limits, taxes, and zoning compliance.
Short term rentals in Malibu might soon be tracked with a computer software package that would give city inspectors enhanced regulatory and enforcement capabilities.
The City Council next week will consider amending its contract with the company that currently keeps an eye on short term rentals, often called B and Bs.
The City Council might spring for a Rental Activity Audit feature, which monitors STR listings, including historical revenue estimates and occupancy trends.
Night-Cap Monitoring would enable staff to track estimated booking activity and identify listings that may exceed locally adopted night limits, supported by reporting and alert features.
And a B and B tax revenue tracker would give city staff a tool to see if rental tax revenues are keeping up with actual rentals.
The software package also has an option to cross-check short term rental listings with city zoning maps and permits.