EP188: This Week in the World of Airbnb
Summary
This Get Paid For Your Pad episode discusses various Airbnb-related news, including the impact of Brexit on Airbnb in Britain, safety precautions, and evolving regulations. Hosts should stay informed about market trends and safety standards and be aware of potential regulatory changes in their areas.
Key Insights
- •Airbnb saw an 80% jump in visitors to Britain, influenced by Brexit and the decrease in the value of the pound.
- •The average UK host makes $4,000 per year (based on 36 nights).
Action Items
- ✓Hosts should install smoke alarms, carbon monoxide detectors, fire extinguishers and evacuation plans.Effort: lowImpact: high
- ✓Monitor your local regulations and stay informed about changes, especially concerning short-term rental rules.Effort: lowImpact: medium
Tools & Resources
- →Hostfully: Jasper is joined by Glenn Carter, Head of Marketing at Hostfully.
Watch Out For
- ⚠Failure to adhere to safety standards, like lacking fire escapes or safety equipment, can put guests at risk.
Related News
Homeowner with shark on roof can't use as Airbnb… but neighbour netting fortune - thesun.co.uk
A homeowner with an unusual listing feature (a shark on their roof) cannot use their property as an Airbnb, while a neighbor is apparently successful. This situation highlights the importance of understanding local regulations and their impact on listing eligibility. Hosts should carefully consider how their property's features might affect their ability to operate an STR.
Lisbon relaxes rules for short term rentals - TravelMole
Lisbon has relaxed its short-term rental regulations. Hosts in Lisbon should review the new rules to ensure compliance and understand any changes to operating requirements.
Some short-term rental owners hit with criminal charges as Santa Fe County ramps up enforcement - Santa Fe New Mexican
Santa Fe County is increasing enforcement of short-term rental regulations, resulting in criminal charges for some owners. Hosts in Santa Fe County should ensure they are in compliance with all local regulations to avoid legal issues.
Buellton delays motel short-term rental ordinance, awaits state guidance - Santa Maria Times
The city of Buellton is delaying the implementation of a short-term rental ordinance for motels, pending guidance from the state. Hosts in Buellton should stay informed of local regulations as they evolve.