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October 2020

Short-term rental industry news and updates

18 articles

Articles

Alternative Accommodation - PhocusWire

This article from PhocusWire discusses alternative accommodations, a segment relevant to the short-term rental industry. It's important for hosts to stay informed on emerging trends and the competitive landscape within the travel and lodging market.

over 5 years ago75
Fine raised from $88,000 to $158,000 for ex-property agent who provided illegal short-term stays on Airbnb - The Straits Times

An ex-property agent was fined $158,000 for providing illegal short-term stays on Airbnb, an increase from the original $88,000 fine. This highlights the importance of adhering to local regulations and obtaining necessary permits to avoid significant financial penalties. Hosts should carefully research and comply with all applicable short-term rental laws in their area.

over 5 years ago85
Man charged with murder in deadly shooting at Airbnb pool party in Union County - WBTV

A man has been charged with murder following a shooting at an Airbnb pool party in Union County. This highlights potential risks associated with hosting and the importance of implementing safety measures and carefully screening guests. Hosts should review their security protocols and insurance policies.

over 5 years ago85
What makes a good Vrbo? Discover the top 10 most popular amenities at vacation rentals - RSU by PriceLabs

This article discusses the top 10 most popular amenities at VRBO vacation rentals, based on data from PriceLabs. While the specific amenities aren't listed, the article highlights the importance of understanding guest preferences when optimizing a listing. Knowing which features are in-demand can help hosts improve bookings and guest satisfaction.

over 5 years ago75
How to Avoid the Pandemic Partiers

This article discusses how short-term rentals have become party venues, especially during the pandemic. It provides strategies and tools to prevent parties, like using noise monitoring devices and screening guests. Hosts should implement these strategies to avoid disruptive guests and potential property damage.

over 5 years ago85
With Vacation Rentals Empty, European Cities See a Chance to Reclaim Housing (Published 2020) - The New York Times

This 2020 article discusses how European cities saw an opportunity to reclaim housing as vacation rentals were empty due to the pandemic. Hosts should consider the impact of market shifts and regulations on their business.

over 5 years agoEurope75
Booking.com taps Futurestay to launch online check-in for rentals - PhocusWire

Booking.com has partnered with Futurestay to launch online check-in functionality for rentals. This could streamline the guest experience. Hosts should consider how this impacts their operational workflows.

over 5 years ago75
How to Drive Direct Bookings with Your Porter

This article from Get Paid for Your Pad discusses how to drive direct bookings to your short-term rental website using Your Porter. It emphasizes the importance of a direct booking website, the benefits of Your Porter's features (SEO optimization, payment processing), and provides strategies for attracting traffic to your site.

over 5 years ago75
How to Maximize Your Revenue with Rented

This article discusses revenue management strategies for short-term rentals, specifically focusing on how to set fees and pricing compared to traditional pricing strategies. It emphasizes the importance of a daily and weekly pricing routine and includes advice on dynamic algorithms, how to structure your revenue management time, and why experience matters more than formulas in pricing decisions.

over 5 years ago78
Short-Term Rental or “Tourist Home” Deemed a Permitted Use despite Need for Special Use Permit from Planning Board - JD Supra

This article discusses a legal case where a short-term rental or 'tourist home' was deemed a permitted use, despite requiring a special use permit. Hosts should understand the local regulations and permitting requirements in their area to ensure compliance.

over 5 years ago75
This M’sian Team Earned RM10mil Revenue In 1 Year By Turning Unused Units Into Airbnbs - Vulcan Post

A Malaysian team generated RM10 million (approx. $2.15 million USD) in revenue within a year by converting unused units into Airbnbs. This demonstrates the potential profitability of STR arbitrage in specific markets. Learn how a team capitalized on the demand for short-term rentals and achieved significant financial success.

over 5 years ago85
Oxnard agrees with state commission on short-term rentals; new rules slated for 2021 - Ventura County Star

Oxnard, California, is implementing new short-term rental rules, agreed upon with a state commission. These regulations are slated for introduction in 2021. Hosts should stay informed about these impending changes to ensure compliance and avoid potential penalties.

over 5 years agoOxnard, CA85
Laguna Beach to have new short-term rental rules - Los Angeles Times

Laguna Beach, CA is implementing new short-term rental rules. Hosts in Laguna Beach should stay informed about these new regulations to ensure compliance.

over 5 years agoLaguna Beach, CA85
Coastal Commission OKs Laguna Beach ban on new short-term rentals in residential zones - lagunabeachindy.com

The Coastal Commission approved a ban on new short-term rentals in residential zones of Laguna Beach, CA. This news directly impacts hosts in the area. Hosts should be aware of this regulatory change and understand its implications on their ability to operate or expand their STR business in Laguna Beach.

over 5 years agoLaguna Beach, CA90
Candidate Profile: Gary Newkirk Dana Point Dist. 4 City Council - Patch

This article is a candidate profile for a Dana Point City Council election. While not directly about short-term rentals, it could indirectly affect hosts if the candidate has views on housing or related issues. Hosts in Dana Point should be aware of local politics, as it can impact regulations.

over 5 years agoDana Point, CA65
Meet The Candidate: Steve Uhring - Patch

This article introduces Steve Uhring, a candidate in Laguna Beach, CA. While the content focuses on the candidate and local politics, it's unlikely to have direct implications for STR hosts in other markets.

over 5 years agoLaguna Beach, CA55
Crushing the STR Game in Nashville

This article discusses how a short-term rental (STR) business in Nashville, Tennessee, successfully navigated the challenges of the COVID-19 pandemic using the master lease model, extended stays, and focused on providing housing for medical professionals. Hosts can learn from the strategies implemented during a crisis to expand their portfolio and adapt to changing market conditions.

over 5 years agoNashville, TN78
Newport Beach launches short-term rental complaint hotline for residents - Los Angeles Times

Newport Beach, CA, has launched a complaint hotline for residents to report issues related to short-term rentals. Hosts in the area should be aware of this new channel for complaints, as it could impact their operations and potentially lead to investigations or penalties. Ensure compliance with local regulations and be prepared to address any complaints promptly.

over 5 years agoNewport Beach, CA78