Articles
This article discusses lessons learned by short-term rental hosts in 2020, specifically highlighting opportunities that arose during the COVID-19 pandemic. Hosts can learn from the experiences shared, including the importance of perseverance, building a strong team, and adapting to market changes. Consider building your team and refining your business model based on the insights from experienced hosts.
Tahoe-area officials are requesting Airbnb to help halt rentals during the coronavirus shutdown. This highlights the ongoing tension between local authorities and short-term rental platforms regarding public health measures. Hosts should stay informed about local regulations and be prepared to comply with any imposed restrictions.
This Get Paid For Your Pad episode discusses revenue management secrets for short-term rentals, focusing on how to identify demand drivers like seasonality, day-of-week, and local events. The episode provides free resources for hosts to leverage these insights and improve their pricing strategy to optimize revenue. Hosts should listen to learn how to react to market changes and implement a successful revenue management routine.
A short-term rental platform was forced to exit the Los Angeles market due to a lawsuit filed by UNITE HERE Local 11. This outcome highlights the importance of understanding and complying with local regulations. Hosts should stay informed about legal actions and their potential impact on the STR market.
This article discusses growing a short-term rental management company. It emphasizes building systems, setting clear policies, and focusing on income-producing properties. Hosts can learn how to structure their revenue management routines and identify strategic priorities to avoid overwhelm.
This article discusses the importance of a structured revenue management routine for short-term rental businesses, with a focus on daily and weekly pricing workflows. It highlights the significance of reviewing bookings, understanding booking windows, and making small, consistent price adjustments. Hosts should implement a regular pricing review schedule, analyze booking data for pricing signals, and consider their minimum stay rules for optimal revenue.