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April 2021

Short-term rental industry news and updates

17 articles

Articles

Advocates say taxing, regulating companies such as Airbnb could raise millions in taxes; opponents say it could hamper industry - The Nevada Independent

This article discusses the debate surrounding the taxation and regulation of short-term rental platforms like Airbnb. Advocates believe it could generate significant tax revenue, while opponents fear it could harm the industry. Hosts should stay informed about potential local regulations and tax implications in their area.

almost 5 years ago75
Lessons from the Legends X Accelerator

This article discusses revenue management strategies for STRs, emphasizing the importance of scheduled pricing routines, analyzing booking data, and adjusting prices based on demand signals. It provides insights into daily and weekly pricing workflows, booking windows, and the impact of minimum stay rules, offering practical advice for hosts to optimize revenue. Furthermore, the article delves into CEO strategies for scaling and avoiding the "hectic host" stage and compares STR revenue management with hotel strategies.

almost 5 years ago82
Freeport approves controversial restrictions on short-term rentals like Airbnb - The Portland Press Herald

The town of Freeport approved restrictions on short-term rentals, potentially impacting Airbnb hosts in the area. Hosts should be aware of these new regulations and ensure their rentals comply to avoid penalties.

almost 5 years agoFreeport, ME85
City of North Myrtle Beach enacting new rules on short-term rentals - wmbfnews.com

North Myrtle Beach is implementing new regulations on short-term rentals. Hosts in North Myrtle Beach should stay informed about these changes to ensure compliance and avoid potential penalties.

almost 5 years agoNorth Myrtle Beach, SC85
Fullerton bans short-term rentals for homes - Daily Titan

The city of Fullerton has banned short-term rentals for homes. Hosts in Fullerton must be aware of this change in regulations to avoid penalties.

almost 5 years agoFullerton, CA90
Myrtle Beach considers charging visitors a fee to pay for safety - wrdw.com

The city of Myrtle Beach, SC is considering implementing a visitor fee to fund public safety measures. While the article doesn't detail specifics about how this might impact STR hosts, any new fees can affect profitability.

almost 5 years agoMyrtle Beach, SC75
Airbnb permits cause kerfuffle in tiny Newport Island - Spectrum News

This article discusses issues surrounding Airbnb permits on Newport Island. Hosts in this area should be aware of potential regulatory challenges impacting their ability to operate short-term rentals.

almost 5 years agoNewport Beach, CA75
Vrbo Fast Start, a program to attract Airbnb Superhosts by solving issues common to all new properties - RSU by PriceLabs

Vrbo's Fast Start program aims to attract Airbnb Superhosts by addressing common challenges faced by new property owners. This initiative, developed with PriceLabs, likely focuses on helping hosts with pricing strategies and operational efficiencies. It signifies Vrbo's efforts to compete for experienced hosts. The program's success could hinge on addressing critical issues for newcomers.

almost 5 years ago75
From 8 to 50 Units in Less Than a Year

This article discusses a short-term rental host who scaled their business from 8 to 50 units in less than a year, highlighting strategies for collaboration, problem-solving, and time management. Hosts can learn how to connect with other hosts, solve problems efficiently, and manage units across different locations. The article also touches on revenue management routines and the importance of strategic focus for STR CEOs.

almost 5 years ago78
City attorney: Livonia's ordinances already regulate Airbnb, Vrbo rentals - Observer and Eccentric Newspapers

This article states that Livonia, Michigan already regulates short-term rentals through existing ordinances. Hosts in Livonia should familiarize themselves with these existing regulations to ensure compliance.

almost 5 years agoLivonia, MI85
In The Big Chair - Julie Brinkman of Beyond Pricing - PhocusWire

This article is an interview with Julie Brinkman of Beyond Pricing. While the specific content isn't detailed, it offers a glimpse into the dynamic pricing landscape and the perspectives of a key player in the revenue management space for short-term rentals.

almost 5 years ago75
Hotel And Occupancy Taxes: What Short-Term Rentals Bring to The Table - CandysDirt.com

This article discusses the impact of short-term rentals on hotel and occupancy taxes. Hosts should understand the tax implications of their STR businesses and how they contribute to local revenue.

almost 5 years agoDallas, TX75
Guesty acquires MyVR as consolidation continues in short-term rentals - PhocusWire

Guesty, a property management software company, acquired MyVR. This acquisition signifies the ongoing consolidation within the short-term rental market, indicating potential shifts in the competitive landscape for hosts.

almost 5 years ago75
What to Do When Your Airbnb Guest Sues You

This article discusses a host's experience being sued by an Airbnb guest who fell on their property. It highlights the steps taken during the three-year legal process and provides advice on preventing similar incidents and protecting yourself through insurance and safety measures.

almost 5 years ago85
North Myrtle Beach passes new trash ordinance, will look at rental parking next - myhorrynews.com

North Myrtle Beach passed a new trash ordinance and will soon consider regulations for rental parking. Hosts in this area should stay informed about these potential changes as they may affect their operations.

almost 5 years agoNorth Myrtle Beach, SC85
Nashville man jailed over lack of Airbnb permit sues city, says he was targeted for being famous - The Tennessean

A Nashville man was jailed for not having an Airbnb permit and is suing the city, claiming he was targeted because of his fame. This highlights the importance of understanding and complying with local regulations and permit requirements for short-term rentals to avoid legal issues.

almost 5 years agoNashville, TN85
Vrbo targets Airbnb “Superhosts” as rental competition heats up - PhocusWire

This article discusses Vrbo's strategy to attract Airbnb Superhosts, indicating increased competition in the short-term rental market. Hosts should be aware of platform competition and consider evaluating their listing strategies to remain competitive.

almost 5 years ago75