Articles
This article discusses the potential negative impacts of restricting short-term rentals (STRs) in Nevada. It suggests that such restrictions could be detrimental to the state's economy and tourism.
This article from Get Paid For Your Pad highlights key strategies for revenue management, CEO focus, and overcoming operational challenges in the short-term rental business. It emphasizes the importance of scheduled revenue management, identifying and addressing business bottlenecks, and making strategic decisions to scale your STR business effectively.
This article discusses revenue management strategies for short-term rentals, emphasizing the importance of a structured pricing routine and analyzing booking data. It highlights how consistent daily and weekly reviews can help hosts optimize pricing and identify opportunities, especially regarding booking windows and market penetration. Hosts should establish a pricing routine and regularly review their bookings and market data to maximize revenue.
Ferndale, MI is considering new regulations for short-term rentals (Airbnbs). Hosts in Ferndale should monitor local news and government updates for potential changes that could impact their ability to operate.
This article discusses revenue management strategies and operational insights for short-term rental hosts, emphasizing the importance of scheduled pricing routines, understanding booking behavior, and recognizing CEO-level tasks. Hosts can benefit from these practices to optimize pricing, identify bottlenecks, and move their businesses beyond feeling overwhelmed.
The Atlanta City Council approved a new short-term rental ordinance. Hosts in Atlanta should familiarize themselves with the new regulations to ensure compliance.
This article discusses significant changes to vacation rental legislation in Anna Maria, FL. Hosts should stay informed about these potential regulatory updates that could impact their operations.
This article reports on a shooting at a motel following a room rental dispute, resulting in a fatality. While not directly STR-related, it highlights the importance of host safety and security measures when dealing with guests and managing properties. Hosts should prioritize personal safety.
This article discusses the three key pillars of a successful hospitality brand: Vision, Streamlined Operations, and Scale. It also highlights the importance of revenue management routines, CEO focus, and understanding the differences between hotel and STR revenue management. Hosts should focus on building a clear vision, streamlining operations, and scheduling revenue management tasks.
This article from Ward and Smith, P.A. discusses the challenges municipalities face when regulating short-term rentals. Hosts should be aware of the increasing complexity of local regulations and the potential impact on their businesses. Staying informed about local rules and seeking legal counsel when necessary is crucial.