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February 2018

Short-term rental industry news and updates

20 articles

Articles

Airbnb hosts who made illegal home rentals earned at least $19,000 over 5 weeks - The Straits Times

This article reports that some Airbnb hosts were found to be operating illegal home rentals, earning a significant amount of money in a short timeframe. Hosts should be aware of local regulations and ensure their rentals are compliant to avoid potential fines and legal issues.

almost 8 years ago85
Council approves ordinance asking legislators to butt out of short-term rental - Knoxville News Sentinel

This article reports on a local council's decision to petition legislators to refrain from interfering with short-term rental regulations. The council's action underscores the increasing focus on local control over STR policies. This highlights the ongoing tension between local governance and state-level involvement in managing short-term rentals and affects host operations.

almost 8 years agoKnoxville, TN78
EP231: How to Expand Your Airbnb Portfolio with Rented.com

This episode of Get Paid For Your Pad dives into STR revenue management, emphasizing the importance of scheduled pricing routines, analyzing booking data, and adjusting prices strategically. Hosts should prioritize consistent daily and weekly pricing reviews to maximize revenue and stay ahead of market fluctuations.

almost 8 years ago82
2 Singapore Airbnb hosts plead guilty to unauthorized short-term rentals - AsiaOne

Two Airbnb hosts in Singapore were found guilty of unauthorized short-term rentals. Hosts should be aware of local regulations regarding short-term rentals to avoid penalties.

almost 8 years agoSingapore85
2 Singapore Airbnb hosts plead guilty to unauthorized short-term rentals - AsiaOne

Two Airbnb hosts in Singapore were found guilty of unauthorized short-term rentals. This highlights the importance of understanding and complying with local regulations regarding short-term rentals to avoid legal issues.

almost 8 years agoSingapore85
Florida B&Bs struggle, cry foul as unregulated home-sharing options soar - Daytona Beach News-Journal

This article discusses the challenges faced by Florida B&Bs due to the increasing popularity of unregulated home-sharing options. Hosts should be aware of the impact of unregulated competition on their businesses and stay informed about local regulations.

almost 8 years agoFlorida75
EP230: This Week in the World of Airbnb

This article discusses revenue management strategies for short-term rentals, emphasizing the importance of scheduled pricing routines and understanding booking behavior. It also touches on CEO strategies for STR businesses, and contrasts revenue management between hotels and STRs. Finally, it highlights the potential impact of the FIFA World Cup on specific cities' STR markets.

almost 8 years ago78
EP229: How to Manage Multiple Airbnb Listings

This podcast episode from Get Paid For Your Pad covers strategies for managing multiple Airbnb listings, emphasizing the importance of scheduled revenue management and reviewing booking data to inform pricing decisions. Hosts can learn how to optimize pricing routines, understand market signals, and avoid common revenue management mistakes to improve profitability.

about 8 years ago75
EP228: This Week in the World of Airbnb

This 'Get Paid For Your Pad' episode discusses STR revenue management routines and CEO focus. Hosts can learn how to schedule revenue management, review bookings for pricing signals, and identify bottlenecks in their businesses to improve profitability and efficiency.

about 8 years ago78
EP227: Airbnb Tips from an Austin Superhost

This article from Get Paid For Your Pad covers various aspects of STR revenue management and operational strategies, including the importance of scheduled pricing routines, understanding booking signals, and the strategic focus of CEOs in growing STR businesses. Hosts should pay attention to these insights to optimize pricing, understand market dynamics, and effectively manage their time and resources.

about 8 years ago78
Orlando City Council votes to allow home sharing vacation rentals - Florida Politics

The Orlando City Council voted to allow home sharing vacation rentals. This is positive news for hosts in Orlando, as it clarifies and legitimizes the practice. Hosts should familiarize themselves with any specific regulations or ordinances that may have been established as a result of this vote.

about 8 years agoOrlando, Florida85
Detroit: Airbnb not banned in the city - WXYZ Channel 7

This article from 2018 clarifies that Detroit has not banned Airbnb rentals. Hosts in Detroit should be aware of this to avoid potential misunderstandings about local regulations.

about 8 years agoDetroit, MI75
EP226: This Week in the World of Airbnb

This article from Get Paid For Your Pad discusses revenue management strategies and CEO focus for STR businesses. It emphasizes the importance of consistent pricing routines, understanding booking signals, and strategic prioritization to avoid overwhelm and improve profitability. Hosts should review booking data, schedule revenue management tasks, and ensure their CEO time is spent on high-value activities to increase revenue and avoid getting stuck in the hectic host stage.

about 8 years ago82
Detroit won't enforce Airbnb ban — for now - Detroit Free Press

This article reports that Detroit, Michigan, is not currently enforcing its potential Airbnb ban. This provides hosts in Detroit with a reprieve, but they should remain aware of the ongoing situation and potential future changes to local regulations.

about 8 years agoDetroit, MI85
Airbnb regulations changed in some Detroit neighborhoods, city inspections required - ClickOnDetroit | WDIV Local 4

This article reports on changes to Airbnb regulations in certain Detroit neighborhoods, requiring city inspections. Hosts in Detroit should review the new regulations to ensure compliance and avoid potential penalties. Staying informed about local rules is crucial for legal operation.

about 8 years agoDetroit, MI85
Detroit bans Airbnb rentals in some residential areas, angering hosts - Detroit Free Press

Detroit has implemented a ban on Airbnb rentals in some residential areas. This regulation could impact hosts operating in those zones, requiring them to review and adjust their business operations to remain compliant.

about 8 years agoDetroit, MI85
Want to Airbnb your home for the bulk of the year? L.A. might let you — on a case-by-case basis - Los Angeles Times

This Los Angeles Times article discusses the potential for Airbnb hosts in Los Angeles to operate their rentals for a significant portion of the year. Hosts should monitor local regulations and consider how these changes may impact their ability to operate.

about 8 years agoLos Angeles, CA75
EP225: Interior Design Tips for Airbnb Hosts

This article discusses revenue management strategies for short-term rentals, emphasizing the importance of a structured pricing routine. It covers how to analyze booking data, adjust pricing based on demand, and optimize minimum stay rules to increase revenue. Hosts should implement a regular pricing review schedule and utilize booking data to make informed decisions.

about 8 years ago78
Springfield neighbors describe safety concerns in council debate on Airbnb regulations - Springfield News-Leader

Neighbors in Springfield, Missouri voiced concerns about safety during a city council debate on proposed Airbnb regulations. This signifies a push for more oversight and control regarding short-term rentals, driven by community concerns. The debate highlights the local impact of STRs, potentially influencing future regulations across the country.

about 8 years agoSpringfield, MO75
EP224: This Week in the World of Airbnb

This article from Get Paid For Your Pad discusses key aspects of revenue management, CEO focus, and the differences between hotel and STR revenue management. Hosts should prioritize creating a scheduled revenue management routine and understanding the differences between hotel and STR pricing to maximize their profits. Also discussed are CEO focus and how to manage the STR business at scale.

about 8 years ago78