Articles
Guesty has launched a new AI-driven messaging tool designed to streamline guest communications for short-term rental hosts. This update aims to improve response times and guest satisfaction. Consider exploring this new tool if you use Guesty.
New short-term rental rules in Plano, Texas, go into effect on August 1st. Hosts in Plano need to be aware of these new regulations to ensure compliance and avoid potential penalties. Staying informed about local regulations is crucial for all STR hosts.
Airbnb is currently embroiled in a $2 billion transfer-pricing dispute, facing both a deficiency and a penalty. This tax-related legal battle highlights the complex financial operations of major platforms and their tax strategies. Hosts should stay informed about potential indirect impacts on the market as these issues evolve.
This article discusses the challenges faced by Bed and Breakfast properties in the hospitality industry. While not directly focused on STRs, it's relevant as it highlights broader trends in hospitality that STR hosts should be aware of, particularly regarding competition and changing guest preferences.
This article from Beyond Pricing explains how hosts can maximize their Airbnb income through effective revenue management. It emphasizes the importance of dynamic pricing, market analysis, and balancing occupancy with pricing strategies to achieve profitability and a steady stream of income. Hosts should implement dynamic pricing and regularly analyze market trends and competitor pricing to optimize their revenue.
This article discusses a class action lawsuit against Airbnb in Nevada and asks if it could serve as a model for similar legal action in California. Hosts should pay attention to potential legal precedents and regulatory trends that could impact their operations and profitability.
This article discusses the potential for the first high-rise building in Atlantic Beach, SC. While not directly about STRs, it highlights potential market changes in a specific location that could impact the local STR landscape, including development and potentially increased competition.
This article discusses the new vacation rental ordinance in Oak Ridge North, Texas, highlighting what hosts need to know. Regulations are constantly evolving, so hosts in the area must understand and comply with local ordinances. Staying informed on local changes is crucial for successful STR hosting.
New Milford residents are pushing for regulations on short-term rentals (Airbnbs and VRBOs) due to perceived disruptions. Hosts should stay informed about potential local regulations that may impact their ability to operate or require changes to their business.
This article discusses the challenges coastal Orange County cities face regarding vacation rentals. Hosts in this area should stay informed about potential regulatory changes and local ordinances that may impact their ability to operate short-term rentals. Stay updated on local regulations.
This article reports on an Airbnb empire in Los Angeles that authorities are calling a "bait and switch" scheme. Hosts should be aware of the legal and ethical implications of their business practices and ensure compliance with all local regulations to avoid similar issues.
This episode details how revenue management services from Freewyld Foundry can significantly boost STR revenue. The case studies show clients seeing up to a 25% improvement in RevPAR within the first month of implementation, translating to substantial financial gains.
This article discusses revenue management strategies for short-term rentals, focusing on the importance of daily and weekly pricing routines and understanding market dynamics. Hosts can benefit by implementing these routines to optimize pricing, understand booking behavior, and increase revenue. Free revenue reviews are also offered by Freewyld Foundry.
This article discusses the one-year impact of San Diego's short-term rental ordinance. Hosts in San Diego should understand the local regulations and how they've affected the market. Further details are needed to provide actionable items.
The summer of 2024 is seeing a slowdown in vacation rental profits and occupancy across the U.S. Hosts should adapt by focusing on dynamic pricing, targeted marketing, and building strong guest relationships to maintain revenue during this challenging period.
Federal courts dismissed lawsuits challenging Summit County, Colorado's short-term rental regulations. This means the existing rules for STRs in Summit County remain in effect. Hosts in Summit County should review and ensure compliance with local regulations.
A federal judge dismissed a lawsuit challenging Summit County's short-term rental regulations. Hosts in Summit County, CO should review the existing regulations to ensure compliance and avoid potential legal issues.
A federal judge dismissed a lawsuit against a short-term rental ordinance. This means local regulations are upheld. Hosts should stay informed about and comply with local STR rules.
Proptech company Hometime has hired a former Airbnb executive to join its C-suite. This strategic move suggests a focus on strengthening its position in the short-term rental market. The addition of experienced leadership could signify growth opportunities for Hometime and highlight the evolving landscape of STR property management technology.
Buncombe County, NC is restarting discussions about short-term rental regulations by forming an advisory group. Hosts in the area should monitor these developments as new regulations could impact their ability to operate.
Court rulings have upheld Summit County's existing short-term rental regulations. This means hosts in Summit County must continue to comply with the current rules. Review your local regulations to ensure compliance.
A federal judge dismissed a lawsuit challenging Summit County's short-term rental regulations. This means the existing regulations remain in place. Hosts in Summit County should familiarize themselves with these regulations to ensure compliance.
A short-term rental party in Cleveland spilled onto the street and caused issues for nearby businesses. Hosts should be aware of the potential for parties and the negative impact they can have on the neighborhood.
An Asheville real estate broker is facing ethical questions for listing unpermitted Airbnbs. Hosts in Asheville should review their listings to ensure they comply with local regulations and have the necessary permits to avoid potential penalties.
This article from the Los Angeles Times reports that Huntington Beach is still reviewing regulations for short-term rentals. Hosts in the Huntington Beach area should stay informed about potential changes to local regulations.
This podcast episode discusses revenue and pricing management (RPM) services for short-term rentals, comparing them to the practices of hotels and airlines. The episode emphasizes the need for hosts, especially those managing multiple properties, to actively manage pricing strategies to optimize revenue. The guest is the CMO of FreeWild, which offers this service to hosts with over $1 million in revenue.
This article discusses the importance of revenue management (RPM) for short-term rental operators. It highlights how services like Freewyld Foundry can take over revenue management, potentially increasing revenue significantly. Hosts can benefit from education and resources to improve their revenue management strategies.
St. Petersburg, FL, is considering "super fines" for short-term rental owners who violate local ordinances. Hosts in the area should review their compliance with existing regulations to avoid potential penalties. Staying informed about local regulations is crucial for all STR hosts.
This article discusses the oversaturation of the short-term rental market in Minnesota, leading to potential challenges for hosts. Hosts should be aware of this market trend and may need to adjust their strategies to remain competitive.
Maple Grove, MN has passed new regulations regarding short-term rentals on platforms like Airbnb and VRBO. Hosts in Maple Grove should be aware of these new rules to ensure compliance with local ordinances. Further details are needed to understand the specific impacts and required actions.
This local news article discusses short-term rental regulations. Hosts in the Manistee area should pay close attention to any local regulations that may impact their ability to operate. It is important to stay informed on local rules.
The Maple Grove City Council approved a short-term rental ordinance. This means hosts in Maple Grove, MN need to be aware of and comply with the new local regulations. Check the ordinance details to ensure your rental complies.
This Skift article highlights a significant shift by VRBO in their guest refund policies. The reversal likely impacts host income and guest expectations. Hosts should prepare for adjustments to their cancellation policies and guest communication strategies to align with the platform's changes.
Tybee Island is restricting short-term rentals in residential areas. This article raises the question of whether Hilton Head, SC, might implement similar regulations. Hosts in Hilton Head should monitor local news for potential changes that could impact their ability to operate.
This article discusses the importance of revenue management for vacation rentals, including dynamic pricing, occupancy optimization, and market analysis. Hosts can boost their revenue by understanding and implementing strategies such as adjusting prices based on demand and improving their listings, along with leveraging revenue management software.
The California Coastal Commission approved a cap on short-term rentals in Seal Beach. This means there may be limitations on the number of STRs allowed. Hosts operating in Seal Beach should research the specific details and ensure they comply with the new regulations.
The LA City Attorney is suing an Airbnb influencer for allegedly running an illegal rental ring. This case highlights the importance of understanding and complying with local regulations regarding short-term rentals to avoid legal issues.
This Bloomberg article discusses the increasing trend of global cities cracking down on vacation rentals. Hosts need to be aware of these regulatory changes, as they could impact their ability to operate and could lead to fines.
A judge upheld Breckenridge's STR limits as legal. This means hosts in Breckenridge will continue to operate under existing regulations. Review your local regulations and ensure compliance.
The LA City Attorney is suing an Airbnb influencer for allegedly running an illegal rental ring. This highlights the importance of understanding and complying with local regulations to avoid legal repercussions. Hosts should ensure their rentals are compliant with all local ordinances and permitting requirements.
The California Coastal Commission approved a cap on short-term rentals in Seal Beach. This means there will be limits on how many STRs are allowed, potentially impacting existing and future hosts. Hosts should monitor local regulations and consider how this might affect their business.
The Florida Governor vetoed a bill that would have regulated vacation rentals. This means the existing regulations remain in place for now. Hosts should stay informed about potential future regulatory changes in Florida.
A building in Nashville is circumventing local short-term rental laws by converting units into hotel rooms. This tactic allows them to operate similarly to STRs while avoiding regulations. Hosts should be aware of this potential loophole and understand its implications for local competition and enforcement.
A short-term rental registry bill is awaiting the governor's signature. Hosts in the relevant jurisdiction should monitor for updates and prepare for any new registration requirements. This is crucial for maintaining compliance.
The LA City Attorney is suing an Airbnb influencer for allegedly listing rent-controlled apartments illegally. Hosts need to be aware of local regulations, especially those regarding rent-controlled units, and ensure compliance to avoid legal trouble.
This Bloomberg article discusses the increasing trend of cities implementing stricter regulations on short-term rentals. Hosts need to stay informed about local laws, as these crackdowns can impact their ability to operate and potentially lead to penalties.
A developer in Asheville, NC is continuing with an Airbnb-to-hotel plan, but the application is incomplete. Hosts should stay informed about potential conversions in their areas, as this could impact the local STR market and available inventory.
This article highlights a new ranking that identifies the best location in the US to buy and rent out a beach house. Hosts should pay attention to this ranking to identify potential investment opportunities.
This article discusses regulatory reform in Illinois with the potential to impact housing affordability. While the direct implications for short-term rentals are not explicitly mentioned, hosts should stay informed about local housing regulations as they can impact the STR market.
Matthews town leaders are providing an update on their efforts to regulate short-term rentals. Hosts in Matthews should stay informed about potential regulatory changes that could impact their ability to operate or require them to adjust their business practices.
Saugatuck, MI has voted to limit short-term rentals. Hosts in Saugatuck should be aware of these new local regulations and understand how they may impact their ability to operate.
Saugatuck, MI is limiting short-term rentals. Hosts in the area should pay attention to new local regulations that could impact their ability to operate or require changes to their business. It is important to stay informed about local regulations to maintain compliance.
Keystone has approved new short-term rental regulations, with the possibility of future changes. This means hosts in Keystone should stay informed about the evolving regulatory landscape to maintain compliance. It is recommended to check the specific details of the regulations.
This article reports on a violent incident at a mall in Newport Beach, CA, where a tourist was killed during a robbery. While not directly related to STRs, it highlights the importance of safety and security for both guests and property, especially in high-traffic tourist areas.
This BBC article explores the potential consequences of a world without Airbnb. Hosts should consider the implications of potential bans or restrictions on platforms like Airbnb and how it could affect their business models. Be prepared to adapt and explore alternative booking methods.
This article discusses short-term rentals in Warren County, NY, presented through ArcGIS StoryMaps. Hosts in Warren County can use this to understand the local STR landscape, potentially informing their listing strategies and understanding local trends.
This article discusses vacation and short-term rentals within the City of Scottsdale (.gov), providing official information that hosts should review for compliance. It's essential for hosts in Scottsdale to understand local regulations to avoid penalties and ensure legal operation. By staying informed, hosts can navigate the regulatory landscape effectively.