Articles
Summit County, CO, enacted new short-term rental regulations in 2022 due to a housing crisis. Hosts in the area should be aware of these new rules, as they may impact their ability to operate or require changes to their business.
This article reviews iGMS, a vacation rental management tool. It highlights features like multi-platform synchronization, automated messaging, and team management, providing a centralized hub for managing your STR business. Consider trying iGMS to streamline your operations and take advantage of their promotional offer.
This interview with the CEO of ALTIDO, a large European STR management company, offers insights into building a brand and adapting to market changes. Hosts can learn about the advantages of diversifying asset classes and the importance of revisiting their value proposition.
Chapel Hill, NC, implemented short-term rental rules in 2021, and a significant change is coming on January 1st. Hosts in the area should stay informed about these updates to ensure compliance and avoid potential issues. Details regarding the exact nature of the changes aren't provided in this article, so hosts need to find more information.
This article is a collection of summaries from the "Get Paid For Your Pad" podcast episodes. It covers topics like revenue management, CEO strategies, the differences between hotel and STR revenue management, and overcoming operational overwhelm. Hosts can gain valuable insights into pricing, operations, and strategic planning.
This article discusses a lobbying ban regarding short-term rental reform in Arizona, dividing state leaders. Hosts should be aware of potential regulatory changes and their impact on the STR market.
This podcast episode dives into the biggest trends and challenges in the short-term rental industry in 2022, based on data from Hostfully's report. Hosts should pay attention to how they can increase revenue and adapt to market shifts, including new revenue streams and popular tools.
Hampton, Virginia, has approved new regulations for Airbnb and VRBO owners. These regulations will likely impact how hosts operate their short-term rental properties in the area. The article highlights that these new rules are now in effect, requiring hosts to comply.
This article summarizes trends in the STR industry in 2022, discussing revenue increases, pain points, and strategies for success. Hosts should review how their properties compare to the trends mentioned and consider new revenue streams.
This article recaps the STR industry in 2022 and discusses the importance of revenue management. It covers key metrics like RevPAR and how they evolved compared to 2021, along with the impact of Airbnb's pricing changes and future booking trends. Hosts should understand these metrics and consider analyzing their portfolio using tools like PriceLabs to stay ahead of the competition.
Alabama Airbnb and VRBO hosts have collectively earned over $100 million in rental fees. This demonstrates the potential for revenue generation in the Alabama short-term rental market. Hosts can use this data to understand market performance and inform their pricing and marketing strategies.
The Coppell City Council has approved changes to its short-term rental ordinance. This is important for hosts in Coppell, Texas, as it may impact their ability to operate or require them to adjust their current practices to remain compliant.
Vacation rental professionals are increasingly relying less on Airbnb as their businesses grow. This shift is driven by a greater emphasis on property management systems (PMS) and dynamic pricing strategies to maximize revenue. The use of technology is becoming key for successful short-term rental management.
This article discusses the enforcement of short-term rental regulations in Los Angeles. Hosts should be aware of local regulations and ensure they are compliant to avoid potential issues. Check your local ordinances for STR compliance requirements.
This article explores the mysterious world of an Airbnb broker, known as Mr. W, operating in Mexico City. Little is known about this individual. The article does not include many details that would give specific action items for hosts.
New York City is implementing a registration requirement for short-term rental hosts to combat illegal rentals. Hosts in NYC need to understand and comply with these new regulations to avoid penalties and ensure their listings remain active.
This article discusses governmental actions against short-term rentals, specifically focusing on how various governments are pushing back against platforms like Airbnb. Hosts should be aware of potential regulatory changes that could impact their ability to operate and maintain compliance. Check for local regulations.
Building a strong brand and establishing trust is crucial for STR hosts to attract guests. This article emphasizes the importance of trust marketing and provides insights on how to personalize your Airbnb profile and stand out from the competition. Hosts should focus on communicating their brand identity and building emotional connections to increase direct bookings.
This article announces the availability of nominating petitions for the upcoming 2023 election in Aspen, CO. Hosts in the area should pay attention to local elections as they can directly impact short-term rental regulations and ordinances.
This article, from the "Get Paid For Your Pad" podcast, discusses how building a strong brand can allow STR hosts to charge a premium for their rentals. It emphasizes the importance of intentional branding and revenue management routines to optimize pricing and increase profitability.
Tenants in Durham and Raleigh, North Carolina, can now list their apartments on Airbnb. This provides new opportunities for renters to generate income from their living spaces. It's a significant shift in local regulations, likely impacting the short-term rental market in these cities.
According to LAist, nearly half of Airbnb and VRBO listings in Los Angeles may be violating local regulations. Hosts in Los Angeles should review their listings to ensure they comply with all applicable laws to avoid penalties.
This article discusses a 3-step approach to increase Airbnb revenue by 15-30%. It emphasizes the importance of combining data analysis with human skills and understanding risk tolerance to set optimal pricing and achieve desired occupancy levels. Hosts should use these strategies to analyze data, determine their risk tolerance, and adjust nightly rates to optimize revenue.
A Quebec Airbnb host was fined $3,750 even after removing their listing to comply with new regulations. Hosts should be aware that simply unlisting may not be sufficient to avoid penalties when regulations change. Always ensure full compliance with updated local laws.
This article discusses a 6-step process for hosts to address guest challenges and provide excellent hospitality. It also delves into revenue management routines, including daily and weekly pricing, and contrasts hotel revenue management with STR revenue management. Hosts should focus on providing exceptional guest experiences and implementing structured revenue management practices.