Articles
Zumper adds $30M in funding to launch short-term rental marketplace - PhocusWire
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.
How to Fill Your Calendar with Direct Bookings
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.
I’m an Airbnb Owner and This Is the One Thing Every Host Wants You to Know - Apartment Therapy
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.
Scaling Up Book Club Part I: People
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 acquires Rental Scale-Up in push to deliver vacation rental insights - PhocusWire
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 short-term rental regulations are officially put into place - SummitDaily.com
Breckenridge, CO has officially implemented new short-term rental regulations. Hosts in Breckenridge should familiarize themselves with these new regulations to ensure compliance.
Winter Park holds firm on short-term vacation rental rules - Orlando Sentinel
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 Short-Term Rental Regulation Struck Down By State - Patch
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.
Charlotte OKs new rulebook to guide development. Here’s how City Council voted. - Charlotte Observer
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.
STARTUP STAGE: Andes STR buys and manages rental properties for investors - PhocusWire
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.
Stopping Charlotte's Airbnb 'party houses' - Substack
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.
Webb City council meeting addresses new ordinance for local Airbnb’s - FourStatesHomepage.com
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.
I rent out my $7,000-a-week beach home, and I prefer using Airbnb to Vrbo — here's why - Business Insider
This article discusses a beach home owner's preference for Airbnb over Vrbo, highlighting potential reasons for the choice. While the specific details are not provided in this snippet, it suggests a comparison of the two platforms and may provide insights for hosts evaluating their distribution strategies. The piece offers a look at host platform selection based on personal experience.
The Story Behind 500 Episodes of Get Paid For Your Pad
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, Nomah merge for Latin America short-term rental expansion - PhocusWire
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.
Takeaways from Legends X Class 4 Applications
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 picks up short-term rental units from shuttered WanderJaunt - PhocusWire
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.
Ep498 How to start your own cleaning franchise business
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 books $170M to double down on property management tools for Airbnb and other rental platforms - TechCrunch
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.
Midtown Kansas City is being overwhelmed by unlicensed Airbnb rentals - KCUR
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.
Debate continues over Wilmington's new short-term rental rules as market evolves - Wilmington Star-News
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.
How to Create a Budget to Renovate Your Airbnb
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.
Destin short-term rental laws explained - WKRG
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.
Majority in tax survey favors new tax on short-term rentals - AspenTimes.com
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.
Breckenridge reassesses short-term rentals amid housing crisis - CBS News
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.
Some Breckenridge property owners concerned about what’s to come from new short-term rental ordinances - SummitDaily.com
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.
What are the short-term rental rules on Alabama beaches? - WKRG
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.
What are the short-term rental rules on Alabama beaches? - WKRG
This article discusses short-term rental rules on Alabama beaches. Hosts in the area need to be aware of and comply with local regulations.
Unlicensed Short-term Rentals Overwhelm Some KC Neighborhoods - flatlandkc.org
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.
How to Build a Lifestyle Business Hosting Remotely
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.
City of Aspen hires liaison for business community, short-term rentals - aspentimes.com
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.
How to Create Accountability and Get Results
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.
Tourists or locals? Dauphin Island wrestles with regulating short-term vacation rentals - AL.com
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 sue state, Clark County over new law - Nevada Current
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.
Short-term rental association sues Clark County, state over regulations | Housing | Business - Las Vegas Review-Journal
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.
Airbnb is changing its cancellation policy. Here's what you need to know - Vancouver Is Awesome
This article discusses changes to Airbnb's cancellation policy. Hosts should understand these changes to adapt their business strategies and protect their revenue.
Leverage Long-Term Stays to Maximize Occupancy
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.