To Airbnb or not to Airbnb - Chicago Tribune
Summary
This article discusses the decision to use Airbnb, likely focusing on the pros and cons of hosting. Hosts should consider the factors involved in choosing to list their property on Airbnb, such as market demand and potential profitability.
Key Insights
- •The article likely explores the factors that influence the decision of whether or not to list a property on Airbnb, such as market demand and potential profitability.
Action Items
- ✓Hosts should research their local market to determine the potential for short-term rentals.Effort: lowImpact: medium
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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