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May 2018

Short-term rental industry news and updates

13 articles

Articles

Danish Man Loses$100,000 in RealEstate Scam in…GET PAID FOR YOUR PAD
almost 8 years ago·Colombia

Danish Man Loses $100,000 in Real Estate Scam in Colombia

This article details a real estate scam in Cali, Colombia, where a man lost his life savings. While not directly about STRs, it highlights the importance of due diligence when investing in international real estate and the potential risks involved.

Baltimore City Councilconsiders regulatingshort-term rentals…
almost 8 years ago·Baltimore, MD

Baltimore City Council considers regulating short-term rentals like Airbnb - wbaltv.com

The Baltimore City Council is considering regulating short-term rentals like Airbnb. This means potential new rules could impact how you operate your Baltimore STR. Stay informed on local regulations to ensure compliance.

Texas Supreme Courtsides with short-termrenters, likely…
about 8 years ago·Texas

Texas Supreme Court sides with short-term renters, likely bolstering state’s fight against Austin’s ordinance - The Texas Tribune

The Texas Supreme Court sided with short-term renters, likely supporting the state's challenge to Austin's STR ordinance. This decision could impact local regulations for hosts in Texas and potentially other areas. Hosts should stay informed about potential legal and regulatory changes in their areas.

Ep240: How to Optimiseyour Airbnb CalendarGET PAID FOR YOUR PAD
about 8 years ago

Ep240: How to Optimise your Airbnb Calendar

This article discusses revenue management strategies for short-term rentals, emphasizing the importance of a structured approach to pricing and how to analyze booking data. Hosts can improve their revenue by reviewing bookings, spotting pricing signals, and making small, consistent price adjustments. Actionable steps include establishing a daily/weekly pricing routine and leveraging Market Penetration Index (MPI) for pacing analysis.

The Airbnb effect:Fueling start-upecosystems around the…GOOGLE NEWS - STR PROPERTY MANAGEMENT
about 8 years ago

The Airbnb effect: Fueling start-up ecosystems around the world - CNBC

This CNBC article explores how Airbnb has spurred the growth of startup ecosystems worldwide. It examines the impact of the platform on various markets. It highlights the potential for new businesses and technological innovations. This showcases the interconnectedness of STR platforms and the entrepreneurial landscape.

Man Gets 20-YearSentence For ShootingAt Occupied Mpls. Hom…
about 8 years ago·Minneapolis, MN

Man Gets 20-Year Sentence For Shooting At Occupied Mpls. Home - CBS News

This article reports on a man receiving a 20-year sentence for shooting at an occupied home in Minneapolis. While the article itself doesn't directly mention short-term rentals, it underscores the importance of safety and security for both guests and the property, potentially highlighting the legal implications of unsafe conditions.

Ep239: Airbnb NewsUpdatesGET PAID FOR YOUR PAD
about 8 years ago

Ep239: Airbnb News Updates

This episode of Get Paid For Your Pad discusses Airbnb news updates, including a study on the impact of Airbnb on New York City rents and a Homes.com study on the best and worst US cities for Airbnb profitability. The episode also features discussions on STR revenue management and CEO strategies.

Valencia Doesn't WantYou Renting an Airbnbwith a View - Condé…
about 8 years ago·Valencia, Spain

Valencia Doesn't Want You Renting an Airbnb with a View - Condé Nast Traveler

This article discusses Valencia's stance on short-term rentals. Hosts should be aware of potential regulations in Valencia that might impact their ability to rent out properties with specific views.

Artist losesrent-stabilizedTribeca loft, fined…AIRBNB HOST FINES
about 8 years ago·New York, NY

Artist loses rent-stabilized Tribeca loft, fined $185K for putting it on Airbnb - New York Post

An artist in Tribeca, NYC, lost their rent-stabilized loft and was fined $185,000 for listing it on Airbnb. Hosts should be aware of local regulations, especially concerning rent-controlled or -stabilized properties, and the potential penalties for violating them.

In The Big Chair -Amiad Soto of Guesty -PhocusWirePHOCUSWIRE
about 8 years ago

In The Big Chair - Amiad Soto of Guesty - PhocusWire

This article features an interview with Amiad Soto, the CEO of Guesty, a property management software. Hosts can learn about Guesty's perspective on the short-term rental industry and potentially evaluate the tool for their needs.

Two years afterChicago passed ahome-sharing law, onl…AIRBNB HOST FINES
about 8 years ago·Chicago, IL

Two years after Chicago passed a home-sharing law, only Airbnb has a license, and hosts say rules are too complicated - Chicago Tribune

This article discusses the complexities of Chicago's home-sharing law two years after its implementation. It highlights that only Airbnb has a license, and hosts are finding the regulations challenging. Hosts should be aware of local regulations and ensure they comply to avoid potential issues.

Airbnb host under firefor 'disturbing thepeace' in Sydney…AIRBNB HOST FINES
about 8 years ago·Sydney

Airbnb host under fire for 'disturbing the peace' in Sydney suburb - dailymail.co.uk

This article discusses an Airbnb host in Sydney facing complaints for disturbing the peace. Hosts should be aware of local regulations and neighborly conduct to avoid fines and maintain positive relationships within the community.

Ep238: AirbnbInvestmentOpportunities in…GET PAID FOR YOUR PAD
about 8 years ago

Ep238: Airbnb Investment Opportunities in Puerto Rico

This article discusses revenue management strategies for STRs, including daily and weekly pricing routines. It highlights the importance of analyzing booking behavior, identifying demand signals, and making small price adjustments. Hosts should implement these strategies to optimize pricing and increase revenue.