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April 2024

Short-term rental industry news and updates

43 articles

Articles

Underwrite STR Properties with STR Insights (Ep 618)

This podcast episode with Kenny Bedwell, founder of SDR Insights, discusses analyzing short-term rental properties for profitability. The focus is on using a "gross ROI" metric (gross annual revenue / purchase price) to quickly assess a property's potential. Hosts should consider this method to streamline their property analysis and focus on properties that meet their financial goals.

almost 2 years ago78
Buncombe planning board delays STR regulations vote in wake of NC Realtors PR campaign - The Asheville Citizen Times

The Buncombe County planning board delayed a vote on proposed short-term rental regulations. This delay follows a public relations campaign by the North Carolina Realtors, indicating potential pushback against new restrictions. Hosts in the area should monitor the situation and stay informed on potential regulatory changes.

almost 2 years agoBuncombe, NC85
Underwrite STR Properties with STR Insights

This article discusses how to analyze short-term rental properties and determine their potential revenue, emphasizing the importance of understanding market drivers and considering a range of potential revenues. Hosts should focus on evaluating properties in the right markets and consistently analyze deals to find profitable investments.

almost 2 years ago75
San Antonio Considers Overhaul of Short-Term Rental Ordinance - WOAI

San Antonio is considering an overhaul of its short-term rental ordinance. Hosts in San Antonio should stay informed on any potential changes to local regulations that could impact their ability to operate their rentals.

almost 2 years agoSan Antonio, TX85
Vrbo 2024: 'One Key' Goes International, Price Sensitivity and Longer Stays Takes Center Stage - RSU by PriceLabs

VRBO's 2024 strategy is focusing on international expansion with its 'One Key' program. Price sensitivity and catering to longer stays are also key areas of focus for the platform. Learn how VRBO is adapting to market dynamics.

almost 2 years ago75
‘Must love dogs and rude roommates’: the scramble to get around New York’s Airbnb crackdown - The Guardian

This article discusses how hosts are trying to circumvent New York City's Airbnb crackdown. Hosts should be aware of the new regulations and any potential loopholes that may arise to avoid penalties. Consider carefully how these regulations might affect your listings.

almost 2 years agoNew York City, NY85
RedAwning acquires STR property management startup Awning - PhocusWire

RedAwning, a property management platform, has acquired Awning, an STR property management startup. This acquisition may indicate shifts in the property management technology landscape, potentially impacting how hosts manage their listings and operations.

almost 2 years ago75
Oceanside City Council continues debate over short-term rentals - fox5sandiego.com

The Oceanside City Council is still debating regulations for short-term rentals. Hosts in Oceanside should stay informed about potential changes to local rules, as these can significantly impact their ability to operate.

almost 2 years agoOceanside, CA75
Lakewood Village Trustees Adopt New Short-Term Rental Law - Post Journal

Lakewood Village Trustees have adopted a new short-term rental law. Hosts in the Lakewood Village area should familiarize themselves with the new regulations to ensure compliance.

almost 2 years agonull85
Should I turn my investment property into an Airbnb? (2026) - Opes Partners

This article, from 2026 and published by Opes Partners, discusses the viability of converting an investment property into an Airbnb. However, without specific content, its relevance to current STR hosts is limited. It prompts hosts to evaluate future market conditions for potential investment strategies in 2026.

almost 2 years ago65
Plano City Council bans new short-term rentals in most residential areas - KERA News

The Plano City Council has enacted a ban on new short-term rentals in most residential areas. Hosts in Plano should be aware of this new regulation as it will likely affect their ability to operate or expand their STR businesses in the city.

almost 2 years agoPlano, TX90
Rochester eyes restrictions for short-term rentals - C&G Newspapers

This article discusses potential short-term rental restrictions in Rochester. Hosts should monitor local news for regulatory updates that could impact their ability to operate or require changes to their listings.

almost 2 years agoRochester, MI85
How to develop a revenue management mindset (Ep 617)

This podcast episode discusses revenue management for short-term rentals, emphasizing that it encompasses more than just pricing. It highlights the importance of analyzing all aspects of the business, including property characteristics, marketing, and operational efficiency, to maximize revenue. Hosts should consider a holistic approach to revenue management, evaluating every part of their business and not just relying on pricing tools.

almost 2 years ago82
How to develop a revenue management mindset

This article discusses revenue management in short-term rentals, highlighting the importance of looking beyond pricing. It emphasizes the need to consider operations, distribution, and marketing to maximize revenue, and mentions the value of pricing tools when used strategically.

almost 2 years ago78
Mid Term Rental Strategies

This article from Get Paid For Your Pad discusses mid-term rental (MTR) strategies, covering platforms to use and potential partnerships. Hosts can learn about the tax benefits and regulations to consider when investing in MTRs.

almost 2 years ago75
Mid Term Rental Strategies (Ep 616)

This podcast episode discusses strategies for mid-term rentals (30+ day stays) as regulations restricting short-term rentals emerge in some cities. The guest expert shares insights on platforms like Furnish Finder and Zillow, and ways to find renters through insurance companies, as well as the potential impact of Airbnb's algorithm on longer stays. Hosts should research platforms like Furnish Finder, Zillow, and placement agencies, and consider how Airbnb's smart pricing impacts rankings.

almost 2 years ago78
NC woman: seriously injured by horse at Asheville Airbnb owned by bank fraudster - The Asheville Citizen Times

An Airbnb guest in Asheville, NC was seriously injured by a horse on the property. This highlights the importance of vetting properties and understanding potential safety hazards, especially on unique or rural listings. Hosts should ensure adequate insurance and safety precautions for guests.

almost 2 years agoAsheville, NC75
Legislation would impose new tax on Airbnb, VRBO rentals in Michigan - The Detroit News

Legislation is being considered in Michigan that would impose a new tax on short-term rentals listed on platforms like Airbnb and VRBO. Hosts in Michigan should monitor the progress of this legislation as it could impact their profitability.

almost 2 years agoMichigan85
Athens considering several approaches to mitigate short-term rental issues - Online Athens

Athens, GA is considering options to address issues related to short-term rentals. Hosts in Athens should stay informed about potential regulatory changes and how they might impact their operations.

almost 2 years agoAthens, GA75
Bill to tax AirBnbs like hotel rooms dies in state Senate committee - Colorado Public Radio

A bill that would have taxed Airbnbs like hotel rooms in Colorado failed to pass a state Senate committee. This means that hosts in Colorado may not face new tax burdens at this time.

almost 2 years agoColorado85
Airbnbs, other short-term rentals would be taxed, regulated under new Michigan bills - Crain's Detroit Business

New bills in Michigan propose to tax and regulate Airbnbs and other short-term rentals. This means hosts in Michigan could face new compliance requirements and potential taxes. Stay informed about the proposed legislation to understand how it might affect your operations.

almost 2 years agoMichigan85
TDC recommends raising tourist tax - amisun.com

A local tourism board in Anna Maria, FL is recommending an increase in the tourist tax. Hosts should be aware of potential tax changes in their area as they can impact profitability.

almost 2 years agoAnna Maria, FL85
Short-term rentals and the housing crisis: one complicated piece of a complex puzzle | News - jackcentral.org

This article discusses the complicated relationship between short-term rentals and the housing crisis. Hosts should be aware of the potential impacts of STRs on local housing availability and affordability, as this could influence regulations and public perception.

almost 2 years ago75
Airbnb rentals could be harder to come by in Hawaii. Here's why and when that might happen - Los Angeles Times

This article from the Los Angeles Times suggests that Airbnb rentals in Hawaii may become harder to find. Hosts in Hawaii should stay informed about potential changes that could impact their ability to operate.

almost 2 years agoHawaii75
New regulations for short-term rentals in Richland County - colatoday.6amcity.com

This article discusses new regulations for short-term rentals in Richland County. Hosts in Richland County should stay informed about these changes as they may impact their ability to operate or require adjustments to their listings.

almost 2 years ago85
Here's how Wilmington wants to regulate Airbnb and other short-term rentals - Delawareonline.com

This article discusses potential regulations for short-term rentals in Wilmington. Hosts in Wilmington should stay informed about any proposed changes to ensure compliance and avoid potential penalties.

almost 2 years agoWilmington, Delaware85
Guesty raises $130M to accelerate global expansion - PhocusWire

Guesty, a property management software company, has raised $130 million to expand globally. This investment suggests growing confidence in the STR market and could mean new features and integrations for hosts using Guesty or similar tools.

almost 2 years ago75
Annapolis City Council passes legislation preventing shared investments in short-term rental properties - Capital Gazette

The Annapolis City Council passed legislation prohibiting shared investments in short-term rental properties. This means that if you're planning to invest in an STR in Annapolis with others, you'll need to review the new regulations. Check the specific details of the legislation to ensure compliance.

almost 2 years agoAnnapolis, MD85
Board of Supervisors vote to loosen Airbnb’s grip on unincorporated Los Angeles - Boyle Heights Beat

The Los Angeles County Board of Supervisors voted to loosen restrictions on short-term rentals in unincorporated areas. This means potential changes to regulations affecting your ability to operate an Airbnb in those areas. Hosts in unincorporated LA should stay informed on the specific details of these changes.

almost 2 years agoLos Angeles, CA85
Myrtle Beach halts conversion of short-term rentals to protect tourism revenue - WPDE

Myrtle Beach, SC is halting the conversion of short-term rentals, likely to protect tourism revenue. This could impact your ability to convert properties. Stay informed on local regulations.

almost 2 years agoMyrtle Beach, SC85
Board of Supervisors vote to loosen Airbnb’s grip on unincorporated Los Angeles - LA Local

The Los Angeles County Board of Supervisors voted to loosen restrictions on short-term rentals in unincorporated areas. Hosts in unincorporated LA should be aware of potential changes to local regulations. Reviewing the updated regulations is recommended.

almost 2 years agoLos Angeles, CA85
Myrtle Beach temporarily halts new long-term rentals near ocean to boost city’s economic strength - wbtw.com

Myrtle Beach, SC, is temporarily halting new long-term rentals near the ocean. This could impact your investment strategy if you're considering a long-term rental in the area. Review local regulations for any potential changes affecting your property.

almost 2 years agoMyrtle Beach, SC75
Guest marketing with Stay-Fi (Ep 615)

This article discusses the importance of guest data collection and direct bookings. It highlights Stayfi, a Wi-Fi marketing tool, as a way to gather guest emails and market directly to them to increase occupancy and reduce dependence on OTAs.

almost 2 years ago85
Guest marketing with Stay-Fi

This article discusses Stay-fi, a guest Wi-Fi marketing tool, and how hosts can use it to collect guest email addresses and encourage direct bookings. It highlights the benefits of reducing reliance on OTAs through email and text marketing. Hosts should consider implementing guest data collection and email marketing strategies to drive direct bookings.

almost 2 years ago75
Bay County completing short-term rental inspections - mypanhandle.com

Bay County, Florida is currently conducting short-term rental inspections. Hosts in Bay County should be aware of these inspections as they may need to take action to comply with local regulations.

almost 2 years agoBay County, FL85
The Great Airbnb Crackdown - Macleans.ca

This article discusses the current state of short-term rental regulations, and how they may be changing. Hosts should stay informed about potential new regulations in their area.

almost 2 years ago75
Whether to regulate Camden’s short-term rentals with new standards is now up to voters - PenBay Pilot

Voters in Camden, Maine, are deciding whether to adopt new regulations for short-term rentals. Hosts should be aware of potential changes to local rules that could impact their ability to operate.

almost 2 years agoCamden, ME85
Santa Ana Bans Short-Term Rentals - Voice of OC

The city of Santa Ana has banned short-term rentals. Hosts in Santa Ana will no longer be able to operate short-term rentals and should be aware of this change.

almost 2 years agoSanta Ana, CA90
Long Beach OK’s changes to short-term rental rules, enforcement - Long Beach Press-Telegram

This article reports on changes to short-term rental rules and enforcement in Long Beach. Hosts in Long Beach should be aware of these changes, as they may impact their ability to operate or require adjustments to their current practices.

almost 2 years agoLong Beach, CA85
Airbnb delivers $425M in tourism taxes on behalf of Tennessee Hosts - Airbnb Newsroom

Airbnb facilitated the collection and remittance of $425 million in tourism taxes on behalf of hosts in Tennessee. This demonstrates the platform's commitment to supporting local communities and streamlining tax compliance. It offers significant advantages for hosts by handling complex tax obligations.

almost 2 years agoTennessee85
The state of the STR industry with Rent Responsibly (Ep 614)

This podcast episode with Dave Krause of Rent Responsibly discusses the evolving landscape of STR regulations and the importance of host involvement in shaping them. It highlights that regulations are shifting towards density limits and other measures beyond initial concerns like noise, and that hosts should get involved in local groups to advocate for fair regulations.

almost 2 years ago82
The state of the STR industry with Rent Responsibly

This episode of Get Paid For Your Pad discusses the current state of the STR industry with Dave Krauss of Rent Responsibly. They emphasize the importance of creating alliances, advocating for balanced regulations, and participating in industry surveys to shape the future of STRs. Hosts should consider joining local alliances and participating in surveys to have their voices heard and stay informed about industry developments.

almost 2 years ago75
Planning board finalizes draft on tougher short-term rental rules for Buncombe County - WLOS

The Buncombe County Planning Board finalized a draft of stricter short-term rental rules. Hosts in Buncombe County should be aware of potential upcoming changes. Stay informed to ensure compliance with the new regulations.

almost 2 years agoBuncombe County, NC90