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April 2024

Short-term rental industry news and updates

47 articles

Articles

Underwrite STRProperties with STRInsights (Ep 618)GET PAID FOR YOUR PAD
about 2 years ago

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.

Buncombe planningboard delays STRregulations vote in…
about 2 years ago·Buncombe, NC

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.

Underwrite STRProperties with STRInsightsGET PAID FOR YOUR PAD
about 2 years ago

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.

San Antonio ConsidersOverhaul of Short-TermRental Ordinance…
about 2 years ago·San Antonio, TX

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.

Vrbo 2024: 'One Key'Goes International,Price Sensitivity and…GOOGLE NEWS - VRBO PLATFORM
about 2 years ago

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.

‘Must love dogs andrude roommates’: thescramble to get aroun…
about 2 years ago·New York City, NY

‘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.

RedAwning acquires STRproperty managementstartup Awning…PHOCUSWIRE
about 2 years ago

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.

Oceanside City Councilcontinues debate overshort-term rentals…
about 2 years ago·Oceanside, CA

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.

Lakewood VillageTrustees Adopt NewShort-Term Rental Law…
about 2 years ago·null

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.

Should I turn myinvestment propertyinto an Airbnb? (2026…GOOGLE NEWS - STR PROPERTY MANAGEMENT
about 2 years ago

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.

Plano City Councilbans new short-termrentals in most…
about 2 years ago·Plano, TX

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.

Rochester eyesrestrictions forshort-term rentals…
about 2 years ago·Rochester, MI

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.

How to develop arevenue managementmindset (Ep 617)GET PAID FOR YOUR PAD
about 2 years ago

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.

How to develop arevenue managementmindsetGET PAID FOR YOUR PAD
about 2 years ago

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.

Mid Term RentalStrategiesGET PAID FOR YOUR PAD
about 2 years ago

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.

Mid Term RentalStrategies (Ep 616)GET PAID FOR YOUR PAD
about 2 years ago

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.

NC woman: seriouslyinjured by horse atAsheville Airbnb owne…
about 2 years ago·Asheville, NC

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.

Legislation wouldimpose new tax onAirbnb, VRBO rentals…VRBO REGULATION
about 2 years ago·Michigan

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.

Athens consideringseveral approaches tomitigate short-term…VRBO REGULATION
about 2 years ago·Athens, GA

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.

Bill to tax AirBnbslike hotel rooms diesin state Senate…
about 2 years ago·Colorado

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.

Airbnbs, othershort-term rentalswould be taxed…
about 2 years ago·Michigan

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.

TDC recommends raisingtourist tax -amisun.com
about 2 years ago·Anna Maria, FL

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.

Short-term rentals andthe housing crisis:one complicated piece…
about 2 years ago

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.

Short-term rentalowners file suitagainst City of McCal…AIRBNB ORDINANCE
about 2 years ago·McCall, ID

Short-term rental owners file suit against City of McCall over Airbnb ordinance - Boise Dev

Short-term rental owners in McCall, Idaho, are challenging the city's Airbnb ordinance, indicating potential conflicts between local governments and STR operators. The lawsuit highlights concerns regarding the impact of regulations on property rights and business operations. This could signal shifts in the regulatory landscape for short-term rentals, particularly in areas facing growing restrictions.

Airbnb rentals couldbe harder to come byin Hawaii. Here's why…
about 2 years ago·Hawaii

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.

New regulations forshort-term rentals inRichland County…
about 2 years ago

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.

Here's how Wilmingtonwants to regulateAirbnb and other…VRBO REGULATION
about 2 years ago·Wilmington, Delaware

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.

Guesty raises $130M toaccelerate globalexpansion - PhocusWirePHOCUSWIRE
about 2 years ago

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.

Annapolis City Councilpasses legislationpreventing shared…
about 2 years ago·Annapolis, MD

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.

Board of Supervisorsvote to loosenAirbnb’s grip on…
about 2 years ago·Los Angeles, CA

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.

Myrtle Beach haltsconversion ofshort-term rentals to…
about 2 years ago·Myrtle Beach, SC

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.

Board of Supervisorsvote to loosenAirbnb’s grip on…
about 2 years ago·Los Angeles, CA

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.

Myrtle Beachtemporarily halts newlong-term rentals nea…
about 2 years ago·Myrtle Beach, SC

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.

Guest marketing withStay-Fi (Ep 615)GET PAID FOR YOUR PAD
about 2 years ago

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.

Guest marketing withStay-FiGET PAID FOR YOUR PAD
about 2 years ago

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.

Bay County completingshort-term rentalinspections…
about 2 years ago·Bay County, FL

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.

The Great AirbnbCrackdown -Macleans.ca
about 2 years ago

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.

New online applicationsystem now availablefor accessory…STR PERMIT NEWS
about 2 years ago·Portland, OR

New online application system now available for accessory short-term rental (ASTR) permits - City of Portland, Oregon (.gov)

Portland, Oregon, now offers a new online application system for accessory short-term rental (ASTR) permits. This streamlined process aims to simplify compliance for hosts. The new system is designed to improve efficiency, ensuring hosts can obtain necessary permits more easily and quickly. This change highlights the city's commitment to regulating short-term rentals.

Airbnb’s 2023 USEconomic Impact Report- Airbnb NewsroomAIRBNB TAX NEWS
about 2 years ago·United States

Airbnb’s 2023 US Economic Impact Report - Airbnb Newsroom

Airbnb's 2023 US Economic Impact Report is now available. It likely reveals key data on the platform's performance, host earnings, and the broader economic impact of short-term rentals within the United States. This report may include insights into booking trends, popular destinations, and potential impacts on local economies.

Whether to regulateCamden’s short-termrentals with new…
about 2 years ago·Camden, ME

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.

Santa Ana BansShort-Term Rentals -Voice of OC
about 2 years ago·Santa Ana, CA

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.

Travel on Airbnbgenerated $85B ineconomic activity in…GOOGLE NEWS - AIRBNB PLATFORM
about 2 years ago·United States

Travel on Airbnb generated $85B in economic activity in the US - Airbnb Newsroom

Airbnb-related travel generated a substantial $85 billion in economic activity in the United States. This highlights the significant financial impact of short-term rentals, showcasing their contribution to local economies and tourism. The figures underscore the industry's importance.

Long Beach OK’schanges to short-termrental rules…
about 2 years ago·Long Beach, CA

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.

Airbnb delivers $425Min tourism taxes onbehalf of Tennessee…AIRBNB TAX NEWS
about 2 years ago·Tennessee

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.

The state of the STRindustry with RentResponsibly (Ep 614)GET PAID FOR YOUR PAD
about 2 years ago

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.

The state of the STRindustry with RentResponsiblyGET PAID FOR YOUR PAD
about 2 years ago

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.

Planning boardfinalizes draft ontougher short-term…
about 2 years ago·Buncombe County, NC

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.