Articles
Breckenridge, CO has implemented a new $400 per bedroom fee for short-term rentals, with a cap of 2,200 STR units. Hosts operating in Breckenridge need to be aware of this new regulation and factor the fee into their profitability calculations.
An advocacy group claims that nearly 20% of Airbnb listings in Los Angeles are violating city laws. Hosts in LA should ensure their listings comply with local regulations to avoid penalties.
This article from VRM Intel discusses the increasing trend of short-term rental regulations. Hosts should be aware of these changing regulations and proactively research how they may impact their business.
This article discusses creating a world-class guest experience on Airbnb by focusing on understanding the ideal guest avatar, creating anticipation, and infusing properties with Instagrammable spaces. Hosts should consider the insights provided by a Hygge Home Rentals founder for maximizing property potential and standing out in competitive markets.
This article discusses the STR Legends Mastermind group, emphasizing the benefits of networking and learning from experienced hosts. It also touches on revenue management routines and the importance of a strategic approach to running an STR business, highlighting insights from various industry experts. Hosts can benefit by considering the advice provided on improving revenue management and adopting a more strategic approach to their operations.
This article announces that Wine Ambassador has launched a wine club designed to help Airbnb hosts attract more visitors and generate additional income. Hosts can potentially improve their guest experience and increase revenue by partnering with this service.
This article discusses how Ketchum, CO, is using health and safety standards to regulate short-term rentals. Hosts in the area should be aware of these local regulations, which likely include specific requirements for operating STRs.
This article discusses Airbnb policies in the Kansas City area. Hosts in the Kansas City area should familiarize themselves with local regulations to ensure compliance. No specific action items are given in the article.
This article discusses Folio, a startup creating custom digital guides for rental properties. Hosts can leverage digital guides to improve the guest experience, potentially leading to better reviews and more repeat bookings.
LA is suing Vrbo for not enforcing short-term rental rules. Hosts should ensure their listings comply with local regulations to avoid similar issues.
This article discusses top locations for short-term rental (STR) investments, based on insights from various sources like AirDNA, Realtor.com, Mashvisor, and Lodgify. It highlights the growing demand in unique outdoor markets and emphasizes the importance of 'instagrammable' aspects and cash-on-cash returns. Hosts should research these markets and consider adding value to their properties to increase profitability.
This article from "Get Paid For Your Pad" discusses industry updates, including acquisitions of STR data companies like AirDNA and Transparent. It also covers WhyHotel's rebrand to Placemakr and the implications of lifting COVID-19 restrictions on the STR industry. Hosts should pay attention to these market shifts and consider using data insights to optimize their strategies.
Clark County, Nevada, is looking to regulate short-term rentals to protect neighborhoods. Hosts in the area should stay informed about potential new regulations and how they might affect their operations.
This article discusses a residential development moratorium in Aspen, Colorado. While the specifics aren't detailed, any local regulations can affect short-term rental operations. Hosts in Aspen should stay informed about potential changes that could impact their ability to operate.
An entrepreneur in North Carolina was charged with swindling $3.5M in loans by falsely claiming to own and operate Airbnbs and VRBOs. Hosts should be aware of the importance of financial transparency and legal compliance.
AirDNA, a popular short-term rental data and analytics provider, has been acquired by Alpine Investors. This acquisition could impact the future of STR market analysis tools and data accessibility, which hosts may utilize for pricing strategies and market research.
This collection of articles from Get Paid for Your Pad offers advice on revenue management, CEO focus, and understanding the STR landscape. Hosts should focus on daily and weekly pricing routines, strategic allocation of time, and the differences between hotel and STR revenue management.
This article discusses insights from the Get Paid For Your Pad podcast episodes covering topics like revenue management, CEO strategies for STR businesses, and comparisons between hotel and Airbnb revenue models. Hosts can learn about pricing strategies, identifying bottlenecks, and the shift in focus needed for scaling their businesses.
This article discusses the growing pressure on Airbnb to allow long-term rentals, especially in light of housing crises exacerbated by floods in New South Wales. Hosts should be aware of potential policy changes impacting their rental strategies and consider the implications of these shifts on their business models.
Snowmass officials are developing a short-term rental permit proposal. Hosts in Snowmass should stay informed about the developing regulations and be prepared for potential changes impacting their ability to operate.
This article discusses the importance of email marketing for Airbnb hosts to drive direct bookings. It highlights how capturing guest emails and using them strategically can lead to repeat bookings and provides tips on communication cadences and automation tools. Hosts should consider implementing email marketing strategies to boost direct bookings and improve guest retention.
Closing arguments have been submitted in a lawsuit regarding Ordinance 27. This could have implications for short-term rental regulations. Hosts should stay informed about local legal battles that could affect their ability to operate.
This article from Get Paid For Your Pad discusses revenue management strategies for short-term rentals, emphasizing the importance of scheduled pricing routines, analyzing booking data, and understanding market dynamics. Hosts can improve their revenue by implementing daily and weekly pricing reviews and being aware of the nuances of STR pricing compared to traditional hotels.
This article discusses the most used booking platforms for short-term rentals, providing insights into their attractiveness. Hosts should pay attention to these platforms as they are essential for reaching potential guests and maximizing bookings.
Neighbors of a Bradenton, FL Airbnb are complaining about noise. Hosts should be mindful of noise levels and consider proactively communicating with neighbors.
Aspen, CO is continuing to work on short-term rental regulations regardless of any court action. Hosts in Aspen should stay informed about the evolving local regulations and ensure their operations comply.