Avenu Insights & Analytics Launches Full Scale Short-Term Rental Solution
Summary
Avenu Insights & Analytics announces the nationwide launch of a complete short-term rental (STR) solution for local governments that supports lodging tax collection, licensing and code compliance. Clients will be provided a dynamic and interactive dashboard to search areas by map, instantly receive rental inventory statistics, and view the full case history of any property. “As the STR market continues to evolve and grow, it has raised ever increasing challenges that impact economic development, property rights, taxation, and revenue collection for local governments,” stated Avenu CEO, Paul Colangelo. State and local governments work closely with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. The firm works with executive partners to leverage its investment professionals experience, while providing strategic and operational guidance designed to drive long-term value creation in its portfolio companies.
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