August 2016

This article from Get Paid For Your Pad discusses various aspects of STR revenue management, CEO focus, and pricing strategies, including why STR pricing is more challenging than hotel pricing. Hosts should pay close attention to the impact of booking windows, operational constraints, and the importance of daily/weekly routines for optimizing pricing and making strategic decisions.

This TechCrunch article from 2016 highlights GuestReady, a service designed to assist Airbnb hosts in professionalizing their rental operations. GuestReady offers services to streamline management, potentially improving guest experience and operational efficiency for hosts looking for assistance.

This article discusses a ban on certain shark fishing methods in Ocean City. Hosts in coastal areas should be aware of local regulations that might impact their guests' activities and the local environment, and be informed on local rules.

This episode of Get Paid For Your Pad covers the importance of revenue management routines, how to identify bottlenecks in your STR business, and the comparison of pricing strategies between hotels and STRs. Hosts should focus on building consistent routines for daily and weekly pricing reviews, identifying and addressing bottlenecks in their operations, and understanding the differences in revenue management compared to hotels.

Ojai, CA is taking action to punish those advertising illegal short-term rentals. Hosts should be aware of local regulations and ensure their listings comply to avoid potential penalties.

This article discusses a property owner's legal right to change locks on a tenant who is engaging in an Airbnb rental spree. This highlights the potential conflicts between traditional tenancy and short-term rentals. It also underscores the importance for owners to maintain control over their properties and protect against unauthorized commercial activities.

This article discusses key revenue management strategies for short-term rentals, emphasizing the importance of a daily and weekly pricing routine. Hosts should analyze booking data, adjust pricing regularly, and understand the impact of minimum stays and last-minute bookings to optimize revenue.

This article reports on a lawsuit filed by Airbnb against a Southern California city over a short-term rental law. Hosts in the area should monitor local regulations and be aware of potential legal challenges that could impact their ability to operate.