EP156: This Week in the World of Airbnb
Summary
This 'Get Paid For Your Pad' episode discusses various Airbnb news items from May 2017, including creative listings like the Swedish countryside and an ad agency's office conversion, along with HomeAway's lawsuit against Chicago. Hosts should be aware of market trends and potential regulatory impacts. No specific actions are directly required in relation to the main content, but keeping up with industry news is essential.
Key Insights
- •Airbnb was named the #1 Disruptor of 2017 by CNBC.
- •HomeAway sued Chicago over its home-sharing law, alleging it was unconstitutional.
Action Items
- ✓Stay informed about the evolving home-sharing ecosystem and potential regulatory impacts in your area.Effort: lowImpact: medium
Tools & Resources
- →CNBC: CNBC article on Airbnb: It’s Been a Trip to $31 Billion, Now Airbnb Wants to Remake the Entire Travel Industry(cnbc.com/2017/05/15/its-been-a-fantastic-voyage-to-31-billion-what-airbnbs-next-big-trip-isnt-booked.html)
- →Chicago Tribune: Article from the Chicago Tribune about HomeAway's lawsuit against the city.(chicagotribune.com/business/ct-homeaway-sues-chicago-0523-biz-20170522-story.html)
- →Adweek: Article from Adweek about an agency turning their office into an Airbnb.(adweek.com/agencies/this-agency-turned-its-office-into-a-crazy-airbnb-that-got-jonathan-mildenhalls-attention)
- →Fortune: Article from Fortune about Sweden listing its entire countryside on Airbnb.(fortune.com/2017/05/22/sweden-countryside-airbnb-rental)
Common Mistakes
- ⚠Failing to stay abreast of local regulations could lead to fines or other legal issues.
More from Growth & Marketing
Airbnb is launching a new host bonus as travel demand surges for the upcoming World Cup. This strategic move aims to encourage more listings and capitalize on the expected influx of guests. The initiative highlights Airbnb's efforts to prepare for peak season travel and its ongoing support for hosts.
This article discusses the emergence of a new platform designed as an 'Airbnb' for hourly creative spaces. It aims to solve the difficulties creators face when finding and renting spaces. While not directly about STRs, it highlights a potential niche market that could be applicable to hosts considering offering hourly space rentals, indicating a shift towards accommodating creative industries.
Airbnb is offering a $750 incentive to attract new hosts to list their properties for the World Cup. This move aims to ensure sufficient accommodation for visitors during the event. This initiative highlights the importance of short-term rentals in accommodating large-scale events and provides a financial benefit for new hosts.
Curated by Learn STR by GoStudioM