Airbnb-Friendly Buildings: A New Kind of STR Supply - RSU by PriceLabs
Summary
This article discusses 'Airbnb-Friendly Buildings' and their potential to increase the short-term rental supply, highlighting a new trend in the STR market. The article is by PriceLabs, suggesting it could involve pricing strategies or market analysis tied to this specific type of property. The article's significance lies in exploring new supply models within the STR ecosystem.
Key Insights
- •The article introduces 'Airbnb-Friendly Buildings' as a new type of STR supply, indicating a shift in the market.
Action Items
- ✓Hosts should research and understand the dynamics of 'Airbnb-Friendly Buildings' in their area to capitalize on emerging opportunities.Effort: mediumImpact: medium
Tools & Resources
- →PriceLabs: The article is written by PriceLabs, suggesting hosts should consider exploring their pricing and market analysis tools.(pricelabs.com)
More from Getting Started
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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