In a recent government meeting, officials discussed ongoing concerns regarding short-term rental (STR) properties in Hot Springs, particularly focusing on the management of these rentals and the implications of a special use permit (SUP) appeal. The dialogue highlighted issues related to absentee property owners, with officials noting that many complaints stem from properties managed by owners who are not present on-site.
The meeting revealed that the cap on STR licenses in Hot Springs was set at 400, with the effective date being January 1, 2023. This cap was established following a vote in late 2022. The timeline of a specific property’s SUP application was scrutinized, revealing that it was submitted in August 2022, prior to the cap's implementation. However, the property did not receive approval until 2022, and subsequent appeals led to further legal proceedings.
Concerns were raised about six complaints filed against a particular STR property within a two-month period following the issuance of its STR license in April 2023. Officials noted that these complaints occurred after the license was granted, indicating potential issues with the property’s management. The complaints included concerns raised by neighboring property owners during the appeal process, which were not anticipated at the time of the SUP approval.
The discussion underscored the challenges faced by local authorities in regulating STRs, particularly in ensuring responsible management and addressing community concerns. As the city continues to navigate the complexities of STR regulations, the focus remains on balancing property owner rights with the interests of the surrounding community.