How to Avoid the Pandemic Partiers
Summary
This article discusses how short-term rentals have become party venues, especially during the pandemic. It provides strategies and tools to prevent parties, like using noise monitoring devices and screening guests. Hosts should implement these strategies to avoid disruptive guests and potential property damage.
Key Insights
- •1/200 stays result in a full-blown party.
- •1/20 stays result in a noise event that could disturb neighbors.
Action Items
- ✓Implement screening questions to understand the purpose of a guest's stay.Effort: lowImpact: medium
- ✓Ban one-night stays to reduce party risk.Effort: lowImpact: medium
- ✓Use a noise monitoring service like NoiseAware to monitor noise levels at your property.Effort: lowImpact: medium
Tools & Resources
- →NoiseAware: NoiseAware is a noise protection service for vacation rentals.
- →Autohost: Autohost and Guardhog are mentioned as tools to catch bad actors.
- →Ring: Ring doorbell mentioned for monitoring guest activity.
Watch Out For
- ⚠Failing to implement strategies to prevent parties can lead to property damage, neighbor complaints, and potential legal issues.
Related News
User Profile: Mountainside Treasures
This article shares the experiences of an STR host who has grown their business from a single condo to nearly 30 properties, highlighting the importance of guest service and the use of OwnerRez. The host emphasizes that delivering a good guest experience is a key factor for success, and struggles with the power of OTAs and challenging guests. Consider OwnerRez as a key tool for managing your properties.
Owner Statements 2.0: Faster, Clearer and Built for Growing Portfolios
Lodgify has released Owner Statements 2.0, promising faster and clearer reporting for property managers. This update aims to cut down manual work and improve the quality of reports shared with owners.
Financial firms face rising cyber risks, data challenges
This article discusses rising cyber risks and data challenges in the financial services industry, including fraud prevention using AI. While not directly about STRs, it highlights the importance of data quality, which directly impacts the effective use of AI for risk management and decision-making for STRs.
Booking.com Refunds Policy: Process and Ts & Cs Explained
This article from iGMS explains Booking.com's refund policies and cancellation options for hosts. It highlights the importance of choosing a cancellation policy that balances flexibility to attract bookings with financial considerations, and encourages hosts to experiment with different policies and rates to find the ideal balance.