Articles
Zumper, a rental platform, has secured $30 million in funding to launch a short-term rental marketplace. This could signal increased competition and potentially new tools for hosts. Hosts may want to monitor Zumper's offerings to see how they can leverage this new marketplace.
This article discusses strategies for driving direct bookings to your STR business, emphasizing the importance of a healthy mix of direct and OTA bookings. It also covers revenue management routines and the CEO's role in scaling a business. Hosts should focus on building a strong brand presence and implementing effective revenue management practices.
This article from Apartment Therapy highlights an essential piece of advice for Airbnb hosts: creating a listing that focuses on what guests truly value. The article likely emphasizes the importance of understanding guest preferences and tailoring the listing to address those needs. Ultimately, hosts are encouraged to provide clear communication, accurate descriptions, and comfortable amenities.
This article discusses key aspects of scaling an STR business, drawing insights from the book "Scaling Up." It emphasizes the importance of focusing on people, strategy, execution, and cash management, and provides tips on team building and revenue management.
PriceLabs, a dynamic pricing tool, has acquired Rental Scale-Up to enhance its vacation rental insights. This acquisition aims to improve the data and analytics available to hosts for informed pricing and revenue management decisions.
Breckenridge, CO has officially implemented new short-term rental regulations. Hosts in Breckenridge should familiarize themselves with these new regulations to ensure compliance.
This article discusses Winter Park's steadfast adherence to its short-term vacation rental regulations. Hosts in Winter Park should be aware of these rules to ensure compliance and avoid potential issues.
Malibu's short-term rental regulations have been struck down by the state. This means hosts in Malibu will need to understand the implications of this change and adjust their operations accordingly.
This article discusses new rules approved by the Charlotte City Council regarding development. Hosts in Charlotte should be aware of these new regulations, as they may impact their ability to operate or require adjustments to their STR businesses.
This article discusses Andes STR, a startup focused on buying and managing rental properties for investors. Hosts might find this interesting as it signals continued investment and professionalization in the STR market, which could influence competition and operational practices.
This article discusses efforts to stop "party houses" in Charlotte, NC, indicating potential issues with short-term rentals. Hosts in Charlotte should be aware of possible regulatory changes and ensure their properties don't violate local ordinances.
A Webb City council meeting addressed a new ordinance concerning local Airbnbs. Hosts in Webb City should pay attention to these new regulations as they may impact their ability to operate their short-term rentals.
This article is a collection of insights from the "Get Paid For Your Pad" podcast. It includes advice on revenue management, leadership for STR CEOs, and comparisons between hotel and Airbnb revenue management. Hosts can benefit from the advice shared in these episodes to optimize their business.
Casai and Nomah, two short-term rental companies, are merging to expand their operations in Latin America. This merger could signal a shifting landscape in the region's STR market. Hosts in Latin America should pay attention to evolving competition and market dynamics.
This article discusses insights from the Legends X Short-Term Rental Accelerator program, focusing on the changing dynamics of the Airbnb industry and what aspiring hosts seek. It highlights the importance of transitioning from a host to a hospitality business operator and offers resources for hosts to improve their STR businesses.
Frontdesk is acquiring short-term rental units previously managed by WanderJaunt, which has ceased operations. This news indicates potential opportunities and shifts in the STR market, possibly affecting property availability and management strategies.
This article from Get Paid For Your Pad discusses various aspects of STR revenue management and CEO focus, emphasizing the importance of scheduled routines, data-driven decisions, and strategic prioritization for growth. Hosts should focus on daily and weekly pricing routines, understand market signals, and prioritize tasks to avoid overwhelm.
Guesty secured $170 million in funding to expand its property management tools for Airbnb and other platforms. This investment signals the continued growth and importance of property management software in the STR industry. Guesty's focus will likely streamline operations, offering enhanced features and integrations for hosts.
This article discusses the issue of unlicensed Airbnb rentals in Midtown Kansas City. Hosts in the area should be aware of potential regulatory challenges and ensure they are compliant with local laws to avoid issues.
This article discusses the ongoing debate surrounding new short-term rental rules in Wilmington, NC. Hosts in Wilmington should stay informed about potential regulatory changes and how they might affect their operations. It's crucial for hosts to monitor local news for updates.
This article discusses creating a renovation budget for your Airbnb to maximize revenue. The article offers insights on determining ROI, creating a guest experience aligned with your brand, and utilizing tools like AirDNA for market comparisons, focusing on how you can justify higher prices based on the guest experience.
This article explains the short-term rental laws in Destin, Florida. Hosts in Destin should review the local regulations to ensure they are compliant. This is crucial for avoiding penalties and operating legally.
This article reports on a survey where the majority of respondents favor a new tax on short-term rentals. Hosts in the area might face increased operating costs if new taxes are implemented. It is essential for hosts to stay updated on local regulations and potential tax changes.
This article discusses Breckenridge, Colorado's reassessment of short-term rentals due to a housing crisis. Hosts in Breckenridge should pay close attention to potential changes in local regulations that may impact their ability to operate or manage their properties.
This article discusses concerns from Breckenridge property owners about new short-term rental ordinances. Hosts in Breckenridge should stay informed about potential changes and how they might affect their operations.
This article discusses short-term rental rules on Alabama beaches. Hosts in the area need to be aware of and comply with local regulations to legally operate their rentals.
This article discusses short-term rental rules on Alabama beaches. Hosts in the area need to be aware of and comply with local regulations.
This article discusses the issue of unlicensed short-term rentals in certain neighborhoods in Kansas City. Hosts should be aware of local regulations and ensure they are compliant to avoid potential issues.
This Get Paid For Your Pad episode discusses revenue management, CEO focus, and the differences between hotel and STR revenue models. Hosts can learn daily and weekly pricing strategies, how to avoid common CEO pitfalls, and why STR pricing is more complex than hotel pricing.
The City of Aspen, CO, has hired a liaison focused on the business community, including short-term rentals. This suggests increased attention on the STR market in Aspen and potential regulatory changes or support for hosts. Hosts in Aspen should stay informed about local developments and any communication from the city.
This article discusses the importance of accountability in achieving STR business goals. It emphasizes how layering accountability within your team and business, and using project management tools, can lead to better results. Consider implementing daily check-ins and focusing on pain points to drive progress.
This article discusses Dauphin Island's efforts to regulate short-term vacation rentals, debating whether to prioritize tourists or local residents. Hosts in Dauphin Island, AL, need to stay informed on local regulations.
Vacation rental owners in Nevada are suing the state and Clark County over a new law. This legal action highlights the ongoing regulatory changes impacting short-term rental hosts, emphasizing the importance of staying informed about local laws and potential legal challenges.
A short-term rental association is suing Clark County and the state of Nevada over new regulations. Hosts in the area should monitor the situation closely as the legal challenge could impact their ability to operate or require changes to their business. Stay informed about the outcome of the lawsuit.
This article discusses changes to Airbnb's cancellation policy. Hosts should understand these changes to adapt their business strategies and protect their revenue.
This article discusses leveraging long-term (30+ day) stays on Airbnb. It highlights the growth of this category and provides insights from a host managing multiple properties, including marketing strategies using a blog and important considerations for long-term leases.