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July 2020

Short-term rental industry news and updates

8 articles

Articles

From 0 to 100 in OneYearGET PAID FOR YOUR PAD
almost 6 years ago·null

From 0 to 100 in One Year

This article discusses how Prak Sangthong grew his Airbnb property management company from 0 to 100 listings in a year without spending on marketing. The article covers his strategies, including setting up systems, training cleaning staff, and negotiating discounts. Hosts can learn how to scale their STR businesses efficiently.

Airbnb cracking downon 'party houses' inArizona - 12News
almost 6 years ago·Arizona

Airbnb cracking down on 'party houses' in Arizona - 12News

This article discusses Airbnb's efforts to crack down on "party houses" in Arizona. Hosts should be aware of Airbnb's policies and local regulations regarding guest behavior to avoid potential issues. No specific action is immediately required based on this headline, but it signals a focus on responsible hosting.

The Importance ofCommunityGET PAID FOR YOUR PAD
almost 6 years ago

The Importance of Community

This article discusses the importance of community for short-term rental hosts, emphasizing the benefits of knowledge sharing, inspiration, and support. It also reviews multiple episodes from the "Get Paid For Your Pad" podcast, which cover topics such as revenue management routines, CEO strategies, and comparing hotel versus STR revenue management. Hosts should consider developing a strong community and implementing data-driven revenue management strategies to boost their STR business.

Newport Beach tightensvacation rental rules- Orange County…
almost 6 years ago·Newport Beach, CA

Newport Beach tightens vacation rental rules - Orange County Register

This article reports on Newport Beach tightening its vacation rental rules. Hosts in Newport Beach should stay informed about these new regulations to ensure compliance.

Thriving Through thePandemic inNewfoundlandGET PAID FOR YOUR PAD
almost 6 years ago·Newfoundland and Labrador, Canada

Thriving Through the Pandemic in Newfoundland

This article discusses how an Airbnb host in Newfoundland, Canada, adapted and thrived during the initial stages of the COVID-19 pandemic by focusing on community, staycations, and adapting their business strategy. Hosts can learn from his actions to navigate challenging times, such as sharing challenges with their community and accepting the current situation to respond effectively.

Planning CommissionHolds Public Hearingon Proposed Amendment…
almost 6 years ago·Los Angeles, CA

Planning Commission Holds Public Hearing on Proposed Amendment to Home Sharing Ordinance - larchmontbuzz.com

A public hearing is being held regarding proposed changes to the home sharing ordinance. Hosts in the area should pay attention to these changes as they may affect their ability to operate or require adjustments to their practices.

Vacationing in NewportBeach? City to decideon tightening…
almost 6 years ago·Newport Beach, CA

Vacationing in Newport Beach? City to decide on tightening short-term rental rules - Orange County Register

Newport Beach is considering tightening its short-term rental regulations. Hosts in Newport Beach should stay informed about potential changes to local laws that could impact their ability to operate.

From 0 To 165 Units inTwo YearsGET PAID FOR YOUR PAD
almost 6 years ago·Chicago, IL

From 0 To 165 Units in Two Years

This article discusses how a property management company, Hostly, navigated the COVID-19 pandemic. The CEO shares how they adapted by de-commissioning units, negotiating with landlords, and focusing on long-term relationships. Hosts can learn from their experiences with seasonality and cash flow management to prepare for market fluctuations.