Airbnb, developers building complex in Florida

- In a matter of months, tourists visiting Central Florida will have a new option for lodging. Airbnb is partnering with Newgard Development Group and Niido, companies that specialize in technology for home-sharing, in the creation of a new rental apartment building.

Newgard's CEO, Harvey Hernandez, said they property's location in Kissimmee is perfect for home-sharing.

"Our property is located in a zip code that's in the top three zip codes in Florida for home-sharing," Hernandez said from his Miami office.

If you lease one of the apartments, you can actually make money by renting out your place. Hernandez said tenants are allowed to, in effect, sub-let their apartments 180 days out of the year, or an unlimited time per year, if the host stays in the residence. He said there will be an mobile application to assist with guest's check-in, cleaning, and keyless access.

"Our technology services, amenities and our partnership with AirbnbBnB will allow the guest to have a better offering."

Better, he says, than staying in a hotel, with more efficiency, square footage, and technology for a cheaper price. Each apartment will be leased to a tenant, who then makes the apartment available through AirBnB.

"These tenants, now for the first time, will have the ability to monetize that apartment that they're renting from us," Hernandez added.

The property should be open in early 2018.

Up Next:


  • Popular

  • Recent

WATCH FOX 7 NEWS LIVE

FOX 7 News streams at the following times (all times Central):


Monday - Friday

4:30 a.m. - 10 a.m.

12 p.m. - 12:30 p.m.

5 p.m. - 6 p.m.

9 p.m. - 10:30 p.m.

Saturday

6 a.m. - 8 a.m.

6 p.m. to 6:30 p.m.

9 p.m. to 10 p.m.

Sunday

6 a.m. - 8 a.m.

5 p.m. to 5:30 p.m.

9 p.m. to 10 p.m.



Schedule subject to change in the event of network sports coverage.

We also stream press conferences and other breaking news coverage from time to time. When we are not in a live newscast, you will see replays of the most recent broadcast.

To enter full screen Mode click the button.

For closed captioning, click on the button while in full screen mode.

Desktop/tablet users: To choose the stream's video quality, click on the button (while in full screen mode) and choose from 432p or 270p.

Mobile users:The video quality default is to your phone's settings.

Please allow time for buffering. If the stream stalls, refresh your browser. Thanks for watching

Stories You May Be Interested In - Includes Advertiser Stories