
Pillsbury's Real Estate and Construction News team summarizes recent industry news.
May 13, 2024
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Pillsbury's Construction & Real Estate Law Team - Gravel2Gavel Construction & Real Estate Law Blog
In our latest roundup, Airbnb advocates for new short-term rental rules, the U.S. Supreme Court rules on hefty development fees, loan losses becomes a greater issue for banks, and more!
- The Federal Highway Administration has not completed guidance that state transportation departments need to administer programs supported by the Infrastructure Investment and Jobs Act and other federal funds. (Dan Zukowski, Construction Dive)
- The global economic contribution of the travel and tourism industry is set to reach an all-time high of $11.1 trillion in 2024. (Jenna Walters, Hotel Dive)
- Airbnb plans to work with city and state governments to “advocate for short-term rental rules that allow renters to share their home.” (Lakshmi Varanasi, Business Insider)