News

This article is an interview with short-term rental hosts and industry experts. The hosts share insights into their experiences, discuss strategies for serving digital nomads, and offer predictions for the future of the STR industry. They also discuss revenue management, strategic leadership, and the challenges of the "hectic host" stage.

This article from PriceLabs compares guest verification and party booking policies between Airbnb and Vrbo, crucial for host protection. Learn how both platforms address these issues to safeguard your property and enhance the guest experience. Staying informed on these features will help hosts mitigate risks and ensure smooth operations.

This article discusses how short-term rental hosts can achieve a better work-life balance and build a sustainable brand by focusing on essential needs rather than just wants. It promotes the Legends X program and offers free training to help hosts succeed. Consider attending the free training to improve your hosting operations.

Airbnb has announced its 2023 Host Advisory Board. This board provides a platform for Airbnb to gather feedback and insights from experienced hosts. This announcement signals Airbnb's continued commitment to improving the platform for hosts, potentially leading to future feature updates and policy changes.

This podcast episode explores the potential of blockchain technology in the short-term rental industry. It also provides insights on the evolution of property management systems (PMS) and offers advice on selecting the right one for your business. Hosts can learn how AI tools like ChatGPT can be used for content creation.

This podcast episode discusses a real-life carbon monoxide leak at a short-term rental property and highlights the importance of proactive safety measures. Hosts should prioritize regular safety inspections and build a support network within the STR community to protect guests and mitigate risks.

This article discusses the importance of proactive safety measures in short-term rentals, using a real-life example of a carbon monoxide leak. Hosts should implement regular safety protocols, focusing on preventing potential disasters and ensuring guest safety to protect their business and guests.

This article reviews iGMS, a vacation rental management tool. It highlights features like multi-platform synchronization, automated messaging, and team management, providing a centralized hub for managing your STR business. Consider trying iGMS to streamline your operations and take advantage of their promotional offer.

This article summarizes trends in the STR industry in 2022, discussing revenue increases, pain points, and strategies for success. Hosts should review how their properties compare to the trends mentioned and consider new revenue streams.

Vacation rental professionals are increasingly relying less on Airbnb as their businesses grow. This shift is driven by a greater emphasis on property management systems (PMS) and dynamic pricing strategies to maximize revenue. The use of technology is becoming key for successful short-term rental management.

This article discusses a 6-step process for hosts to address guest challenges and provide excellent hospitality. It also delves into revenue management routines, including daily and weekly pricing, and contrasts hotel revenue management with STR revenue management. Hosts should focus on providing exceptional guest experiences and implementing structured revenue management practices.

This article discusses risk management for STR hosts, focusing on guest screening and protection against fraud and damage. It highlights Superhog, a tool that helps hosts confirm guest identities and improve the booking experience, and includes insights on revenue management routines and CEO focus. Hosts should consider implementing risk management strategies and explore tools like Superhog to protect their investments and optimize their operations.

This article discusses how AvantStay scaled their STR business to over 1,500 units by leveraging technology, high-end amenities, and building a trusted brand. It highlights key elements needed to gain guest trust and scale a short-term rental business, along with revenue management and CEO time management. Consider implementing daily and weekly pricing routines and prioritizing tasks as a CEO.

This article is a compilation of episodes from the "Get Paid For Your Pad" podcast. It covers topics like scaling an STR business, revenue management strategies, the role of a CEO in an STR business, and comparing hotel versus STR revenue management. Hosts can gain insights into different aspects of the business and improve their operations.

This article is a collection of podcast episode summaries from "Get Paid for Your Pad". The episodes discuss various aspects of STR management, including building a vision, optimizing revenue, and scaling operations. Hosts can find insights on building a brand, managing revenue, and avoiding overwhelm.

This article is a collection of insights extracted from episodes of the "Get Paid For Your Pad" podcast, focusing on scaling an STR business, revenue management, and overcoming the hectic host stage. Hosts can learn how to build a strong brand vision, implement consistent revenue management routines, and avoid common pitfalls associated with overwhelming operations.

This article, from the "Get Paid For Your Pad" podcast, discusses the importance of quarterly off-sites for STR business owners and their teams to solve challenges and improve focus. The podcast offers insights on how to structure these off-sites and improve your operational strategy. Consider implementing a structured format for your team to boost collaboration and problem-solving.

This article discusses medium-term rental (MTR) strategies for Airbnb hosts, highlighting the growing demand for stays longer than short-term rentals. It provides insights into calendar management, finding customers, and adding special touches to appeal to MTR guests, along with resources from related podcasts.

This article discusses the benefits of hiring virtual assistants (VAs) for short-term rental (STR) hosts to streamline operations and grow their business. The article announces a free training program that will help hosts identify tasks suitable for VAs, find qualified candidates, and establish successful partnerships. Hosts should consider attending the free training to learn how to effectively integrate VAs into their businesses.

This Business Insider article reveals the automated software used by an Airbnb millionaire to run their STR business. The article highlights the key automation tools used, offering insights into operational efficiency and potentially higher profitability. It provides actionable advice for hosts looking to streamline their operations.