Articles
This editorial discusses the flaws in state preemption of short-term rental regulations, particularly as highlighted by the pandemic. Hosts should be aware of the implications of state vs. local control on their ability to operate, especially during crises.
This article reports on civil unrest in Minneapolis following the death of a man in custody. While not directly related to STRs, it's a reminder for hosts in affected areas to monitor local news, assess the safety of their properties, and consider potential impacts on occupancy and guest experience.
This Get Paid For Your Pad episode discusses the importance of a structured revenue management routine for STR hosts. It emphasizes that consistent daily and weekly pricing reviews, analyzing booking data, and making small adjustments can significantly improve revenue. Hosts should schedule revenue management and consistently review bookings to reveal pricing and demand signals.
This article discusses how San Bernardino County is allowing short-term rentals, diverging from state and other county regulations. Hosts in San Bernardino County should stay informed about local regulations to ensure compliance.
This article discusses revenue management strategies for short-term rentals, emphasizing the importance of scheduled routines and data-driven decisions. Hosts should review bookings to understand pricing signals and adjust strategies accordingly to maximize revenue. The article highlights that most hosts underperform because they lack the proper routines, not the right tools.
The mayor of Panama City Beach is requesting the governor lift the ban on short-term rentals. Hosts in Panama City Beach should monitor the situation, as the lifting of the ban could mean an immediate resumption of business and potential for increased bookings. Hosts should also be aware of the local regulations and be prepared to resume operations if the ban is lifted.
This article is a collection of insights from the "Get Paid For Your Pad" podcast episodes focusing on revenue management, CEO focus, and pricing strategies for short-term rentals. Hosts can learn how to optimize pricing routines, identify business bottlenecks, and understand the differences between hotel and STR revenue management.
This article from "Get Paid For Your Pad" discusses the importance of a daily and weekly revenue management routine for STRs, including how to read booking data, spot pricing mistakes, and adjust for peak demand. The episode covers key strategies for STR revenue optimization. Hosts should review the provided frameworks to refine their revenue management practices.
This article is a collection of insights from the "Get Paid For Your Pad" podcast episodes. It covers topics like revenue management, CEO strategies, and comparing hotel versus Airbnb revenue management. Hosts should focus on how to optimize their pricing strategies, manage their time effectively, and understand the nuances of the STR market.