News
Stay updated with the latest STR industry news and regulations
This article from BiggerPockets discusses the hidden costs of self-managing a real estate portfolio, particularly the time investment and opportunity cost. It highlights how the time spent on tenant communication, maintenance, and other tasks can be more expensive than professional property management fees. Hosts should evaluate the actual cost of their time and consider the strategic benefits of focusing on growth rather than day-to-day operations.
This article discusses how a vacation rental manager uses the franchise model to improve hospitality. It leverages RSU by PriceLabs. The franchise model might be applied to offer better and more consistent guest experiences and optimize operations in the vacation rental industry.
This article discusses a motel in Red Lodge transitioning from traditional operations to owner-operated. For STR hosts, this highlights a potential shift in the lodging industry and could offer insights into operational strategies.
This article discusses ways for landlords, including STR hosts, to save on insurance costs. It suggests upgrading your property, adjusting your deductible, and bundling coverage to potentially lower premiums. Hosts should review their current coverage, consider property improvements, and explore bundling options to reduce expenses and protect their investment.
This BiggerPockets article discusses whether or not it's wise to buy a property with a partner, and the implications of a tenant on a lease wanting to move out while the other wants to stay. It also addresses how a host could potentially lose guest trust by changing listing descriptions after booking.
AI is rapidly transforming the hospitality industry, with independent hotels seeing faster returns than large chains. Hosts should consider using AI tools for guest communication, marketing, and dynamic pricing to improve efficiency and boost revenue. Balancing automation with a human touch remains critical for success.
This Boostly Podcast episode highlights a host's success with implementing a rental waiver program instead of security deposits, generating additional revenue and reducing stress. Hosts should consider offering a similar waiver option to increase profits and improve guest experience.
AI is rapidly being adopted in the hospitality industry, with independent hotels seeing faster ROI than larger chains. Hosts should consider integrating AI tools for guest communication, marketing, and pricing optimization to improve efficiency and revenue.
Airbnb's Host Summit unveiled profile changes for property managers, impacting how they manage listings. Details of these changes, and a summary of Chesky's commentary, are discussed in the article, which could affect operational efficiency for multi-property hosts. The summit's updates likely aim to improve the property management experience.
This article discusses an investor's journey from a DIY approach to a passive real estate portfolio. Hosts can learn from the strategies used to delegate tasks and focus on higher-value activities. The key is to start thinking bigger earlier by surrounding yourself with the right people and using leverage.
This article highlights Baselane Smart, an AI-powered financial tool designed to automate bookkeeping tasks like expense categorization and receipt matching for real estate investors. Hosts can use this tool to save time, avoid fees, and focus on growing their portfolios rather than getting bogged down in administrative tasks.
This article from BiggerPockets discusses property risks and insurance during the fall season for vacant investment properties. Hosts with vacant or soon-to-be-vacant properties should be aware of weather-related risks, fire hazards, and the importance of regular inspections to prevent costly damage. Consider implementing a seasonal maintenance checklist to protect your investment.
VRBO Premier Host standards will become stricter in 2026, and property managers need to be prepared. This update could impact host rankings and visibility, requiring attention to metrics like guest reviews, response times, and cancellation rates. Discover how these changes can influence your short-term rental's success.
This podcast episode features Eviivo, a property management system (PMS) that aims to help hosts save time, simplify operations, and grow bookings. Eviivo emphasizes direct bookings and integration capabilities, which can help hosts reduce reliance on OTAs. Consider exploring PMS options like Eviivo to streamline your hosting operations and boost direct bookings.
U.S. hotels face profitability pressures due to rising costs, which will impact the experiences market. GetYourGuide's new AI-driven tools may offer solutions to operational challenges, enhancing traveler engagement and streamlining operations for experience providers, which could indirectly affect hosts. Hosts should watch how these trends evolve.
This Newsweek article discusses a host's reaction after 10 guests checked out of their rental property, and they reviewed the Ring camera footage. The article's content shows the importance of using security and property-monitoring tools. It indirectly touches on the importance of guest behavior and the state of your property after a stay.
Vrbo is updating its platform with new AI and tech features. While the specific details aren't included in this article, these updates will likely focus on improving the guest experience, streamlining operations, or enhancing marketing capabilities. The impact of these updates could increase bookings and improve host management.
This article discusses the rise of AI-generated images in Airbnb listings and how these fake photos are causing disputes. With AI-created visuals becoming increasingly sophisticated, hosts and guests face challenges in verifying the authenticity of property images. PriceLabs, the RSU, is cited as a resource. Hosts should be aware of this potential issue and take steps to protect their listings.
Vrbo is updating its Host-Initiated Cancellation Policy for 2025, according to PriceLabs. The change, impacting host cancellation rules, suggests potential shifts in how hosts manage bookings and refunds. This update is likely designed to improve guest experience and could influence pricing strategies for short-term rental owners.
Landlords are shifting their focus from acquiring new properties to optimizing their existing portfolios in 2025 due to high property prices and interest rates. This is an opportunity for hosts to improve their cash flow through renovations, efficiency upgrades, and smarter property management strategies. Leverage tools and resources to streamline operations and maximize returns.