Short-term rentals (STRs) in Trujillo Alto Municipality, Puerto Rico, commonly referred to as "alquileres de corta estancia," are regulated under local laws, with recent legislative developments aimed at better management of this booming sector. House Bill 1557, which passed the House of Representatives in June 2023, seeks to regulate STRs, allowing local municipalities to impose standards that can address community concerns, such as noise and parking issues stemming from high concentrations of short-term units in residential areas. The STR market primarily consists of urban apartments that cater to both tourists visiting the nearby San Juan area and business travelers. According to recent data, properties typically achieve 42% occupancy with an average daily rate of around $213, reflecting the area's growing appeal. The Puerto Rico Tourism Company oversees these regulations, ensuring hosts comply with the necessary requirements and zoning laws for operating STRs. For more information on regulations, visit the official website Puerto Rico Tourism Company.