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Every regulation change, market signal, and platform shift that touches short-term rentals — read, scored, and summarized so you can stop scrolling Twitter and start running your business.
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When disaster strikes your Airbnb
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.
IGMS Review
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.
Hospitality Trends in the STR industry in 2022
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 pros depend less on Airbnb as they grow; PMS and dynamic pricing key to tech stack - RSU by PriceLabs
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.
How to Solve Issues with Your Airbnb Guests By Communicating Effectively
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.
How to Avoid Hosting Problem Guests in Your Airbnbs
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.
How Avant Stay Scaled Their Hospitality Brand to 1,500+ Units in Less Than 5 Years
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.
Airbnb is introducing total price display and updating guest checkout - Airbnb Newsroom
Airbnb is rolling out total price display and updating guest checkout to enhance transparency and streamline the booking process. This change aims to provide guests with a clearer understanding of costs upfront, potentially influencing booking decisions and improving the overall guest experience.
From 25 to 100+ STR Units in Less Than 1.5 Years
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.
The Journey from Hectic Host to STR Legend
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.
The Vision for Freewyld
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.
Airbnb and Minut collaborate on noise prevention support for Hosts - Airbnb Newsroom
Airbnb and Minut are partnering to offer hosts noise prevention support. This collaboration aims to help hosts proactively manage noise issues, potentially reducing guest complaints and improving neighbor relations.
New Zealand’s Airbnb Host Award Winners for 2022 Revealed - Airbnb Newsroom
Airbnb announced its 2022 Host Award winners in New Zealand, recognizing outstanding hosts for their exceptional guest experiences and contributions to the STR community. The awards highlight the importance of quality hosting.
How to Run a Quarterly Off-Site for Your Business
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.
Propr: Property Management Tech Gives Short-Term Rental Owners an Earning Edge - Media OutReach Newswire
Propr's property management tech aims to boost STR owner earnings by automating tasks. The platform focuses on streamlining operations, suggesting a move towards more efficient hosting practices in the industry.
Top Medium Term Rental Strategies for Airbnb Hosts
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.
How to Hire, Train, and Retain the Perfect Short-term Rental Virtual Assistants
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.
4 Safety Measures Airbnb Hosts Should Take Right Now - Business Insider
This article provides 4 essential safety measures for Airbnb hosts, focusing on immediate implementation to protect guests and properties. Key recommendations include installing smart smoke and CO detectors, securing electrical outlets, and ensuring clear emergency exit routes.
I'm an Airbnb Millionaire — Here's the Exact Automated Software I Use to Run My Business. - Business Insider
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.
Frontdesk picks up short-term rental units from shuttered WanderJaunt - PhocusWire
Frontdesk is acquiring short-term rental units previously managed by WanderJaunt, which has ceased operations. This news indicates potential opportunities and shifts in the STR market, possibly affecting property availability and management strategies.
Guesty books $170M to double down on property management tools for Airbnb and other rental platforms - TechCrunch
Guesty secured $170 million in funding to expand its property management tools for Airbnb and other platforms. This investment signals the continued growth and importance of property management software in the STR industry. Guesty's focus will likely streamline operations, offering enhanced features and integrations for hosts.
How to Create Accountability and Get Results
This article discusses the importance of accountability in achieving STR business goals. It emphasizes how layering accountability within your team and business, and using project management tools, can lead to better results. Consider implementing daily check-ins and focusing on pain points to drive progress.
From Hectic Host to Legend in Less Than 1 Year
This episode of Get Paid for Your Pad features a host who transitioned from a W-2 employee to a full-time STR entrepreneur. The discussion covers how the host grew their business, highlighting strategies such as master leasing and dynamic pricing. Hosts can learn from the strategies implemented by the featured guest and consider incorporating them into their own businesses.
Scaling the Ownership Model in a Secondary Market
This article discusses the challenges and strategies for scaling an STR business, particularly within the ownership model, focusing on practical advice, revenue management techniques, and CEO-level focus. Hosts can learn how to approach challenges related to scaling an STR business, optimize pricing strategies, and identify their business bottlenecks for efficient growth.
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