Articles
A group in Laguna Beach is suing the city over a ban on new short-term rentals. This highlights the ongoing tension between cities and STR operators, and hosts should be aware of potential local regulatory challenges.
This article is a collection of episodes from the "Get Paid For Your Pad" podcast. It covers topics relevant to short-term rental revenue management, CEO mindset, and the difference between hotel and Airbnb revenue management. Hosts should focus on developing a daily and weekly pricing routine and understand the difference between hotel and STR revenue management.
Barcelona fined Airbnb and HomeAway 600,000 euros each for regulatory violations. Hosts should be aware of local regulations, as platforms can be held accountable for listings on their sites.
Barcelona fined Airbnb and HomeAway 600,000 euros each. This highlights the importance of adhering to local regulations. Hosts should be aware of and comply with all STR laws to avoid substantial penalties.
This article discusses insights from multiple episodes of the "Get Paid For Your Pad" podcast. It covers topics from Airbnb Open announcements, revenue management strategies, CEO focus for STR businesses, and challenges in STR pricing compared to hotels. Hosts should consider the actionable advice on optimizing revenue, managing their time strategically, and understanding the nuances of pricing in the STR market.
This article discusses a lawsuit challenging Chicago's Airbnb regulations, calling them 'draconian.' Hosts in Chicago should be aware of potential legal challenges to local regulations that could impact their ability to operate.
This article discusses the positive impact of Cubs fans on the local economy in Cleveland, Ohio. While not directly about STRs, it illustrates how major events can significantly boost local tourism and potentially increase demand for short-term rentals. Hosts in areas hosting large events should be prepared to handle increased bookings.
A lawsuit is attempting to overturn Chicago's home-sharing ordinance. This news indicates potential regulatory changes that could affect your ability to operate or the requirements you must follow in Chicago. Hosts should stay informed about the legal status of short-term rentals in Chicago.
This article discusses revenue management strategies for STRs, emphasizing the importance of scheduled pricing routines, analyzing booking data, and understanding booking windows. Hosts should focus on daily and weekly pricing reviews, considering booking behavior and market trends to optimize revenue. The article also touches on CEO strategies, and comparing STR to Hotel pricing.
This article discusses the importance of reading the fine print related to potential lawsuits against Airbnb, specifically concerning alleged racial discrimination. Hosts should be aware of Airbnb's terms and conditions to understand their rights and potential liabilities.