← Back to all news

May 2023

Short-term rental industry news and updates

21 articles

Articles

Tax on short-termrentals like Airbnbcould fund California…AIRBNB TAX NEWS
almost 3 years ago·California

Tax on short-term rentals like Airbnb could fund California affordable housing - CalMatters

The article discusses the potential for a tax on short-term rentals like Airbnb in California, with the revenue earmarked for affordable housing initiatives. This aims to address the state's housing crisis by leveraging the booming STR market for public benefit. It highlights the potential impact on both hosts and the community, offering a possible solution to California's housing challenges.

Hostaway unlocks $175Mto expand its vacationrental management…GOOGLE NEWS - STR PROPERTY MANAGEMENT
almost 3 years ago

Hostaway unlocks $175M to expand its vacation rental management platform - TechCrunch

Hostaway, a vacation rental management platform, has secured $175 million in funding to fuel its expansion. This investment highlights the growing market for STR management tools and the increasing professionalization of the industry. The funding will likely lead to new features and improved services for hosts seeking to streamline their operations.

Vineyard VacationRental Market ComesDown From Pandemic…VACATION RENTAL MARKET
about 3 years ago

Vineyard Vacation Rental Market Comes Down From Pandemic Peak - The Vineyard Gazette

This article discusses the changing dynamics of the vacation rental market in a specific geographical location, highlighting the shift from the peak experienced during the pandemic. It suggests that the market may be experiencing a downturn from its previous highs, prompting a need to understand current market conditions.

Ashwaubenon VillageBoard approvesshort-term rental…
about 3 years ago·Ashwaubenon, WI

Ashwaubenon Village Board approves short-term rental ordinance requiring a 6-night minimum stay - WBAY

The Ashwaubenon Village Board in Wisconsin approved a short-term rental ordinance mandating a minimum 6-night stay. Hosts operating in Ashwaubenon will need to comply with this new regulation. Be aware of changing local rules to avoid penalties.

Kasa Living expandsinto single-homevacation rentals…PHOCUSWIRE
about 3 years ago

Kasa Living expands into single-home vacation rentals - PhocusWire

This article announces Kasa Living's expansion into single-home vacation rentals. Hosts may want to monitor how this could affect the market and potentially learn from Kasa's approach.

Short-term rentalcrackdown: New Quebecbill sets $100K fine…AIRBNB HOST FINES
about 3 years ago·Quebec, Canada

Short-term rental crackdown: New Quebec bill sets $100K fine for illegal Airbnbs - CTV News

A new bill in Quebec, Canada, could impose hefty fines of up to $100,000 for illegal short-term rentals (STRs). This highlights the increasing focus on STR regulations and the importance of compliance for hosts in the region. Hosts should ensure their rentals comply with local laws to avoid penalties.

Laguna Hills BansShort-Term Rentals -Voice of OC
about 3 years ago·Laguna Hills, CA

Laguna Hills Bans Short-Term Rentals - Voice of OC

Laguna Hills has banned short-term rentals. Hosts with properties in Laguna Hills must comply with this new regulation or face potential penalties.

Starting an Airbnbbusiness at the age of21 (Ep566)GET PAID FOR YOUR PAD
about 3 years ago

Starting an Airbnb business at the age of 21 (Ep566)

This podcast episode features a young entrepreneur who started in STRs at age 21, sharing his experience with creative financing, specifically seller financing and subject-to deals. Hosts can learn about these non-traditional financing options and gain insights into the speaker's strategies for acquiring properties.

Starting an Airbnbbusiness at the age of21GET PAID FOR YOUR PAD
about 3 years ago

Starting an Airbnb business at the age of 21

This article discusses revenue management strategies for short-term rentals, emphasizing the importance of a structured pricing routine. It covers daily and weekly workflows, using booking data to inform decisions, and understanding market dynamics like the FIFA World Cup to optimize pricing and maximize revenue.

Cash flow basedfinancing forshort-term rental…GET PAID FOR YOUR PAD
about 3 years ago

Cash flow based financing for short-term rental hosts

This article from Get Paid For Your Pad discusses revenue management routines for short-term rentals, specifically focusing on daily and weekly pricing workflows. Hosts should schedule revenue management, review bookings, and be mindful of booking windows and last-minute adjustments to optimize pricing.

Kansas City Councilapproves new rulesrestricting Airbnbs i…AIRBNB ORDINANCE
about 3 years ago·Kansas City, MO

Kansas City Council approves new rules restricting Airbnbs in residential neighborhoods - KCUR

The Kansas City Council has approved new regulations for short-term rentals, impacting how hosts operate in residential areas. These rules likely impose restrictions on Airbnb operations within certain neighborhoods. Hosts need to be aware of these local policy changes and how they could affect their ability to host.

Airbnb managementproptech MadeComfybeds down $10 million…GOOGLE NEWS - STR PROPERTY MANAGEMENT
about 3 years ago

Airbnb management proptech MadeComfy beds down $10 million raise - Startup Daily

MadeComfy, an Airbnb management proptech company, secured a $10 million funding round. This investment signifies growing investor confidence in the STR management sector. The funding likely aims to fuel expansion and enhance its platform for managing short-term rental properties, potentially offering hosts new tools and features.

Things To Do InConway, SouthCarolina: Unique Day…
about 3 years ago·Conway, SC

Things To Do In Conway, South Carolina: Unique Day Trip Ideas - Only In Your State

This article provides day trip ideas for Conway, South Carolina. While not directly about STR hosting, it highlights local attractions, which hosts can use to suggest activities and enhance the guest experience.

Impact 65
Airbnb is going backto itsapartment-sharing…
about 3 years ago

Airbnb is going back to its apartment-sharing roots with Rooms amid tighter regulation - Fast Company

This article discusses Airbnb's shift back to its apartment-sharing model, 'Rooms,' potentially due to increasing regulations. Hosts may need to adapt their listing strategies to align with this change. It's important to monitor platform updates and understand how they impact your listing.

Battle over noise onMarco Island - WINKNews
about 3 years ago·Marco Island, FL

Battle over noise on Marco Island - WINK News

This article discusses a battle over noise complaints on Marco Island, which could potentially impact short-term rentals. Hosts should be aware of local noise ordinances and take steps to prevent noise violations to avoid potential issues.

Airbnb 2023 SummerRelease: IntroducingAirbnb Rooms, an…GOOGLE NEWS - AIRBNB PLATFORM
about 3 years ago

Airbnb 2023 Summer Release: Introducing Airbnb Rooms, an all-new take on the original Airbnb - Airbnb Newsroom

Airbnb's Summer 2023 release introduces 'Airbnb Rooms,' a reimagining of the original Airbnb experience. This update promises to reshape the platform. Further details on the specific changes and features will be available in the upcoming release. Stay tuned for these updates.

How to manageregulatory STRlimitations (Ep564)GET PAID FOR YOUR PAD
about 3 years ago·Arkansas

How to manage regulatory STR limitations (Ep564)

This podcast episode discusses navigating short-term rental regulations, specifically in Arkansas. Hosts need to be aware of the permitting processes and the importance of neighbor relations to succeed in regulated markets.

How to manageregulatory STRlimitationsGET PAID FOR YOUR PAD
about 3 years ago

How to manage regulatory STR limitations

This article discusses the challenges and strategies for managing short-term rentals, particularly focusing on navigating permit and licensing requirements, scaling operations, and the importance of adapting revenue management strategies. Hosts should focus on understanding local regulations, establishing clear expectations with clients, and implementing scalable systems to ensure quality service.

This Maine ski townmay crack down onshort-term rentals…
about 3 years ago·Maine

This Maine ski town may crack down on short-term rentals - Bangor Daily News

A Maine ski town is considering new regulations for short-term rentals, potentially impacting hosts in the area. Hosts should stay informed about local regulations to ensure compliance and avoid potential issues.

Aspen Journalism:Regulatory spigottightens flow of STRs…
about 3 years ago·Aspen, CO

Aspen Journalism: Regulatory spigot tightens flow of STRs in Aspen and Pitkin County - AspenTimes.com

This article discusses the tightening of short-term rental regulations in Aspen and Pitkin County. Hosts operating in this area should be aware of potential changes and ensure compliance with local ordinances.

This Maine ski townmay crack down onshort-term rentals…
about 3 years ago·Bar Harbor, ME

This Maine ski town may crack down on short-term rentals - WGME

A ski town in Maine is considering stricter regulations on short-term rentals. This could impact local hosts with potential new permit requirements or restrictions. Hosts in the area should monitor local news for updates.