EP122: This Week in the World of Airbnb
Summary
This article discusses the impact of the Trump administration on Airbnb and hosts, the rise of professional Airbnb investors, and a comparison of Airbnb and hotel occupancy rates and average daily rates. It also highlights a gadget, the Ring Video Doorbell, that can solve common hosting problems. Hosts should be aware of potential regulatory changes and adapt strategies accordingly.
Key Insights
- •Average daily rates are only $20 lower for Airbnb's than hotels ($149 vs. $169).
- •6% of Airbnb hosts in New York City have 3 units or more and account for 1/3 of revenue.
Action Items
- ✓Consider implementing a Ring Video Doorbell to address issues like extra guests.Effort: lowImpact: medium
Tools & Resources
- →Ring Video Doorbell: Ring Video Doorbell is mentioned.(ring.com)
Common Mistakes
- ⚠Failing to manage guest numbers can lead to issues and potential guest dissatisfaction.
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Curated by Learn STR by GoStudioM