City-council agendas, entitlement filings, festival programming, hotel openings. everything we think is going to move the dial in our markets over the next twelve months. Refreshed weekly via Perplexity Sonar.
Palm Springs
Palm Springs intel feed
Over the next 12 months, Palm Springs short‑term rental performance will be shaped mainly by a tightening STR ordinance and a visible new upper-upscale hotel opening downtown, with incremental impacts from ongoing tourism growth rather than a surge of new mega‑events or transit projects. Hosts should plan for slightly firmer regulatory enforcement and modest ADR competition at the top end of the market, offset by continued demand growth.
mixedpolicymedium2025-11 → 2026-11
Ordinance 2118 – Amendment to Palm Springs Vacation Rental Rules
On November 12, 2025, the Palm Springs City Council adopted Ordinance 2118 amending section 5.25.070(b) of the City’s Vacation Rental Ordinance, modifying the rules that govern the operation of vacation rentals in the city.[3] Details include changes to operating standards and enforcement mechanics, signaling a continued tightening of the regulatory environment around STRs.[3] Implementation and enforcement will be unfolding through at least the next year.
Stricter operating standards and enforcement can reduce the number of non‑compliant or marginal operators, which tends to support ADR for remaining legal units but may slightly lower total occupancy citywide as some supply exits.[3] For compliant hosts, reduced ‘party house’ activity and better neighborhood relations can improve review scores and repeat bookings, while the higher compliance burden may raise operating costs and deter new entrants, limiting future supply growth and supporting pricing.
Thompson Palm Springs by Hyatt – New Downtown Lifestyle Hotel
The Thompson Palm Springs, a new Hyatt‑branded lifestyle hotel on North Palm Canyon Drive in the heart of downtown (near the Walk of Stars and Palm Springs Art Museum), is being actively marketed for stays, indicating opening or ramp‑up in the current season.[2] As a design‑forward, upscale property with strong brand distribution, it will add notable new hotel room inventory in the walkable core.
In the first 12–18 months, a high‑profile opening typically boosts destination visibility and draws incremental demand, especially brand‑loyal Hyatt guests and higher‑spend travelers, which can spill over into STR bookings on peak weekends when the hotel sells out.[2] Over time, added hotel keys in the downtown core will compete most directly with high‑end condos and small homes positioned as boutique‑hotel alternatives nearby, potentially tempering ADR growth for those units while having less impact on larger villas and pool homes that serve different use cases.
Underlying STR Market Trend – Demand Outpacing New Supply
Recent data show Palm Springs has about 3,340 active STR listings, with supply up roughly 5% year‑over‑year while both revenue and nightly rates have continued to rise, indicating that traveler demand is currently outpacing new inventory.[1] The market remains heavily skewed to entire‑home listings (94%), with an average nightly rate around $534 and occupancy near 37.5%.[1] Peak demand remains concentrated in February–April, with July–September as the soft season.[1]
Because demand growth is running ahead of supply expansion, hosts who are well‑positioned and compliant with new regulations should be able to sustain or modestly increase ADR in the next 12 months, especially around peak events and spring season.[1] The long average lead time (about 69 days) and 6.5‑night typical stay favor operators who set dynamic pricing early for high‑demand periods; in a tightening regulatory environment, steady or rising destination appeal without a flood of new STR inventory supports pricing power for quality listings.[1]
No authoritative forward-looking sources for San Miguel de Allende could be accessed in this environment, so there is insufficient verifiable information to identify specific new openings, events, infrastructure projects, or policy changes over the next 12 months. As a result, no items can be reliably listed without risking fabrication.