CONWAY — Short-term rentals have an economic impact on the town of Conway of $45 million-$50 million but "a very modest impact" on rent prices here, says a report supplied last month by a University of New Hampshire professor hired to study the issue by a local group of rental owners.
The Mount Washington Valley Association for Responsible Vacation Rentals hired Daniel Innis, professor of hospitality management and marketing at UNH's Paul College of Business and Economics, to study the effect of short-term rentals in town. Innis said that the figure he came up with represents about a quarter of the town's tourist economy.
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