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Lake Tahoe’s economy is anchored by the tourism industry, which experienced significant growth post-COVID given its proximity to major cities such as Sacramento, San Francisco, and Reno, as well as the array of outdoor activities. The Lake Tahoe Basin is home to a growing population of year-round residents, and the popularity of second homes and investment properties in the area has resulted in soaring home prices and an affordable housing crisis. To preserve the area s natural beauty, local governments and the Tahoe Regional Planning Agency have implemented strict development and short-term rental restrictions. Despite these restrictions, new lodging developments and redevelopments are underway, which are expected to reshape the mix of lodging supply going forward, particularly in the luxury segment. ....
TAHOE CITY, Calif. The first new resort hotel development in the last 50 years in Tahoe City is scheduled to begin construction in the spring of 2023. The fully approved Tahoe City Lodge will include. ....
Even with a light haze of wildfire smoke creeping into the Tahoe Basin, the joys of summer in Tahoe are in full swing. Following a challenging couple of years full of wildfire, evacuations, severe smoke, and pandemic unease, we have a lot to be grateful for. I hope you will take some time this summer to enjoy the lake for the gift that it is. ....