News

This article discusses businesses in Southern California offering assistance to fire victims. While not directly related to STR hosting, hosts in affected areas may experience impacts such as decreased occupancy or opportunities to assist with temporary housing.

This article is a CEO Spotlight featuring Steve Schwab of Casago. Hosts can gain insights into the operations and strategies of a property management company.

Hostaway, a property management software, has raised a substantial $365 million in funding. This investment signals growth within the industry and potential improvements in tools that hosts use to manage their listings. Hosts may benefit from enhanced software features and potentially explore new functionalities offered by Hostaway.

The founder of Vacasa has launched a new vacation rental management company. This could introduce new competition in the market, potentially impacting pricing and service options for hosts. Monitor new entrants and evaluate how they may influence your market.

This PriceLabs report explores Airbnb's Co-Host Network and its potential impact on property managers. The article analyzes whether this feature presents a threat or an opportunity in the STR market. The analysis suggests hosts need to understand the implications of co-hosting and adapt their strategies to thrive in the changing landscape.

Airbnb's CEO views the Co-Host Initiative as an alternative to property management companies, signaling a shift in how hosts can manage their listings. This offers new options for hosts seeking support. This change can impact how hosts choose to operate, either managing properties themselves, hiring co-hosts, or employing property management companies.

This PhocusWire article explores the potential impact of Airbnb's new co-host marketplace on traditional property management companies. The article investigates how the new platform could disrupt the existing property management landscape and offers insights into the evolving roles within the short-term rental market, posing a potential challenge for established firms.

Airbnb's Winter Release introduces the Co-Host Network, connecting hosts with local experts to manage their properties. This update aims to improve operational efficiency and guest experience. The Co-Host Network allows hosts to find and collaborate with qualified local professionals to handle various aspects of hosting, creating a streamlined experience.

RentalReady has launched a fully autonomous AI agent designed for short-term rentals. This means that hosts could see benefits from advanced automation in their operations. Further details about the agent's capabilities and how it will impact hosts are still needed.

This 'Get Paid for Your Pad' episode discusses increasing revenue through upsells using Hostfully, and highlights how the platform has introduced new features like Inbox AI. The episode emphasizes the importance of upsells in a flat market and offers practical advice on implementing these strategies effectively, touching on early check-ins, late check-outs, and vetting local tour operators.

This 'Get Paid for Your Pad' episode discusses the importance of upselling in the current market to increase revenue for short-term rentals. The episode covers practical upselling strategies like early check-ins and late check-outs, and suggests vetting local tour operators. Hosts should implement upselling strategies to improve their revenue.

A recent New York Times article highlights a host's frustrating experience: a $1,988 Spring Break rental canceled at the last minute. This underscores the potential risks of relying on a single platform and the importance of understanding cancellation policies. Hosts should familiarize themselves with platform protections to mitigate losses.

Boom, an AI-driven PMS (Property Management System) for short-term rentals, has launched. This technology may offer hosts improved operational efficiency. No immediate action is required, but hosts may want to investigate AI-driven PMS options.

This article from PriceLabs discusses VRBO's shift toward prioritizing guest refunds, suggesting a change in platform strategy. The key reversal impacts host refund policies, potentially reducing host control and increasing guest-friendliness. This shift could impact host profitability and management, requiring hosts to adapt strategies for bookings and guest communication.

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.

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.

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 interview with Shark Tank winner Jayla Siciliano discusses her pivot from a wine business to managing 20 luxury short-term rental properties. She emphasizes the importance of focus, team building, and avoiding burnout, offering valuable lessons for STR hosts on growth and operational strategies.