News
Stay updated with the latest STR industry news and regulations
An Airbnb host was removed from the platform after a family was unexpectedly evicted on Christmas Day. The article highlights the potential for severe guest experience issues and the consequences of violating Airbnb's policies. This serves as a warning for hosts to prioritize guest satisfaction and adhere to platform regulations to avoid removal.
This article from WJTV highlights vacation rental and experience sites, suggesting they make travel easier. While lacking in specifics, the article's focus on simplifying travel points towards the growing importance of user-friendly platforms and seamless booking experiences for both travelers and hosts. Efficient platforms are key for success in the STR market.
Guesty has launched Guesty Copilot, an AI-powered tool designed to help property managers analyze revenue and operational performance, with rollout starting February 4th. This marks Guesty’s seventh AI product release in a year. The tool simplifies data interpretation and suggests actions, addressing scaling challenges. It focuses on industry-specific metrics and aims to reduce the gap between insights and actions.
Expedia Group expands its partnership with Affirm, making the BNPL service exclusive for Expedia, Hotels.com, and Vrbo. Customers booking hotels and packages can access monthly repayment plans, including interest-free options for some. This move reflects the growing trend of payment flexibility and its importance in the evolving booking journey, ultimately aiming to enhance traveler convenience.
This episode of Get Paid For Your Pad discusses why Airbnb suspends listings, a major risk for hosts. The episode details the three-stage suspension process and provides prevention systems, communication strategies, and diversification tactics to protect your listings and revenue. Hosts should focus on maintaining high ratings, addressing guest issues promptly, and diversifying their platforms to mitigate potential suspensions.
Airbnb.org is providing free emergency housing to residents displaced by Winter Storm Fern in Nashville. Hosts can support by offering free or discounted stays, or by donating to Airbnb.org. Consider supporting if you are in the Nashville area and can provide housing.
Airbnb.org is providing free emergency housing to Nashville residents displaced by Winter Storm Fern. This initiative highlights Airbnb's commitment to community support during crises, offering a vital resource for those in need. The program helps vulnerable people, and is a positive demonstration of how STRs can be utilized for philanthropic purposes.
This article reports on an arrest at a resort. While the details are unusual, hosts should be aware that inappropriate guest behavior can occur and have procedures in place to address it.
RMS Pay, the in-house payment system, has surpassed €1 billion in transactions a year after its launch. Operators using the system experience a 99.95% dispute-free rate, faster cash flow, and fewer no-shows. RMS Pay is highlighted as a critical tool for meeting the modern guest's expectations for secure and flexible payments.
This BiggerPockets article discusses handling rental property repairs with tenants in place, including temporary housing and tenant requests. It also touches on refinancing and evaluating equity in your STR properties. Hosts should consider the costs and legalities of providing temporary housing, and evaluate their properties' equity to potentially redeploy capital for growth.
Stay Propr has been ranked among the top 3 vacation rental management companies in Southern Utah for luxury short-term rentals. This recognition highlights the growing market in the area and the competitive landscape of STR management. Hosts can benefit from understanding the leading companies in their local markets to potentially improve their own operations.
PriceLabs' analysis of 10,000 Airbnb listings reveals that 88% have quality issues impacting revenue. The Listing Optimizer identifies hidden revenue leaks by assessing listing health. Improving content quality, especially photos and descriptions, is crucial for improving visibility and revenue, even with competitive pricing.
A short-term rental property management platform secured a $19 million debt and equity deal. This funding likely signals expansion plans and could impact the competitive landscape for hosts. This investment reflects the growing interest in streamlining STR operations and scaling property management.
This BiggerPockets podcast episode details how an investor built a profitable real estate portfolio by focusing on systems and processes. Hosts should prioritize creating a centralized operating system, including Standard Operating Procedures (SOPs), to streamline operations and avoid burnout, especially when scaling.
Beenstay has launched a nationwide vacation rental management platform for Airbnb hosts, offering a new tool for streamlining operations. This platform aims to assist hosts in efficiently managing their listings. Hosts can now explore new options to simplify their management tasks.
This article discusses the importance of achieving a 4.9-star rating on Airbnb, as it can significantly increase revenue. It highlights four key attributes of top-rated properties and provides insights into creating superior guest experiences and operational strategies. Hosts should review their current guest communication, cleanliness standards, and problem-solving processes to optimize their ratings.
A recent article in The Times highlights a host's experience where Vrbo owes them £2.8k. While specific details of the situation are missing from the provided text, the headline indicates a payment dispute or a delay from Vrbo. This could impact host's cash flow, highlighting the importance of understanding payment policies and communication with OTAs.
A host is owed £2.8k by VRBO after renting their house out. This situation highlights potential payment issues on the VRBO platform, urging hosts to ensure prompt and accurate payouts. To avoid similar problems, hosts should review VRBO's payment policies and regularly check their transaction history.
A recent article in The Times highlights a host's experience where Vrbo allegedly owes £2,800. This could stem from payment processing issues, booking discrepancies, or other platform-related problems. Hosts should ensure they monitor payouts and understand Vrbo's policies to avoid similar situations. This emphasizes the importance of meticulous financial tracking and communication with the platform.
A recent article in The Times highlights a host's experience where Vrbo allegedly owes £2,800. This underscores the importance of managing finances carefully when hosting on Vrbo. Hosts should proactively monitor payouts and resolve payment issues promptly to avoid discrepancies.