The illegal practice known as corporate hotelization could be shut down under a law adopted Tuesday by the Board of
Supervisors.
When corporations sign long-term apartment leases but then allow short-term stays, other residents complain of feeling like they are living in a hotel. The practice also takes away housing that could otherwise go to San Franciscans.
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Corporations might no longer be able to use apartment units like they are hotel rooms.Board of Supervisors President David Chiu introduced legislation Tuesday that would protect rental housing from short-term corporate uses, otherwise known as “hotelization.”Chiu said the proposal closes a loophole in city law by prohibiting corporations from signing leases with property owners that are longer than 30 days, but then allowing out-of-town employees to stay short-term.
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URL: http://www.sfexaminer.com/topics/hotelization
