News

Stay updated with the latest STR industry news and regulations

Revenue Management Strategies with Jordan Locke (Ep 612)

This podcast episode discusses revenue management strategies for short-term rentals, including insights on 2024 trends, pricing for special events like the solar eclipse, and optimizing minimum night stays. Hosts should analyze their market's demand and booking pace, adjusting pricing and restrictions to maximize revenue, especially during peak seasons.

about 2 years ago85
Revenue Management Strategies

This article discusses various revenue management strategies for short-term rentals, including pricing for special events, adjusting for high-demand dates, and utilizing OTA promotions. Hosts should prioritize scheduling time for revenue management to monitor pricing and stay ahead of market trends and consider the insights given for pricing and CEO actions.

about 2 years ago85
Sailing around the world funded by property investing (Ep 611)

This podcast episode discusses the pros and cons of short-term rentals (STRs) versus long-term rentals, with a focus on the increased work involved in STRs, including seasonality concerns and the need for more active management. The guest host, who owns STRs, shares insights on the income potential of STRs but also the significant time commitment and operational challenges, especially during slow months, urging hosts to consider scaling or improving their internal systems if managing STRs.

about 2 years ago78
Sailing around the world funded by property investing

This article is a transcript from a podcast episode on Get Paid For Your Pad, focusing on revenue management strategies. It covers topics like understanding guest preferences, pricing for special events, and the importance of consistent revenue management routines. Hosts should focus on scheduling time for revenue management and understanding their guest avatars to optimize pricing.

about 2 years ago75
Airbnb 2023 financial results: The vacation rental boom is behind us - RSU by PriceLabs

This article discusses Airbnb's 2023 financial results, specifically noting that the period of rapid growth in vacation rentals may be ending. The report, analyzed by PriceLabs, implies a shift in market dynamics and possibly a slowdown from the boom years. This suggests hosts should carefully analyze the current market trends to inform their pricing and occupancy strategies.

about 2 years ago75
Young Affluents and Travel Agents: What’s Driving the Luxury Vacation Rental Market in 2024? - RSU by PriceLabs

This article explores the driving forces in the luxury vacation rental market in 2024, focusing on young affluent travelers and the role of travel agents. It examines the impact of these segments on booking trends, demand, and potential pricing strategies for hosts. Understanding these dynamics is crucial for success in the luxury STR space.

about 2 years ago78
How Steven went from near bankruptcy to building a thriving STR business

This article discusses insights from the Get Paid For Your Pad podcast episodes, focusing on revenue management, CEO focus, and the differences between hotel and Airbnb revenue management. Hosts should consider implementing daily and weekly pricing routines and assessing their strategic focus to optimize their STR businesses.

about 2 years ago75
Airbnb Q4-2023 and full-year financial results - Airbnb Newsroom

Airbnb's Q4 2023 and full-year financial results were released. While the article's specific financial details aren't included, the announcement signifies important updates. This report provides a comprehensive look at the company's recent performance and may unveil trends that affect short-term rental hosts and the broader STR market.

about 2 years ago75
Crowdfunding: Jurny’s Ambitious Path in the Vacation Rental Market - RSU by PriceLabs

This article discusses Jurny's crowdfunding efforts and ambitions within the vacation rental market, viewed through the lens of PriceLabs' RSU. The focus is on the company's financial approach and how it aims to grow in a competitive industry, with an apparent emphasis on the integration of pricing strategies. This article provides a high-level overview of a company's goals within the dynamic vacation rental space.

about 2 years ago65
Ellsworth ranks 2nd best place to own Airbnb in US, sparks conversation on impact to community, housing - newscentermaine.com

An article highlights Ellsworth's ranking as the second-best place in the US to own an Airbnb, sparking discussion regarding the impact on community and housing. Hosts in Ellsworth and similar markets should be aware of this ranking and the related conversations surrounding STRs.

about 2 years agoEllsworth, ME75
Year in Review: Tourism - amisun.com

This article provides a year-end tourism review for Anna Maria, Florida. Hosts in this area should stay informed about local market trends to optimize their pricing and occupancy strategies.

over 2 years agoAnna Maria, FL75
Will 2024 be another 2023? (Ep 605)

This podcast episode discusses the STR market outlook for 2024, drawing on data from AirDNA and the Darm conference. It predicts a stable market with slightly increased ADR and RevPAR, but emphasizes the importance of focusing on guest experience to stand out.

over 2 years agoUnited States78
Will 2024 be another 2023 in the STR industry?

This article discusses revenue management strategies for short-term rentals, highlighting the importance of understanding booking data and setting optimal pricing. It also offers a free revenue management training session. Hosts should focus on detailed booking data and the dynamics of booking windows to improve pricing.

over 2 years ago82
Airbnb, Booking.com, and Vrbo: Essential Tactics for Small Hosts to Excel in 2024 - RSU by PriceLabs

This article discusses essential tactics for small hosts on Airbnb, Booking.com, and Vrbo to excel in 2024. It focuses on the importance of dynamic pricing strategies to maximize revenue and the value of market research for informed decision-making. Learn how to stay ahead of the competition and optimize your listings.

over 2 years ago85
How to leverage discounts on Airbnb to drive bookings

This article from "Get Paid For Your Pad" focuses on using discounts on Airbnb to attract more bookings. The article covers various discount strategies like early bird, last-minute, and length-of-stay discounts. Hosts should review and implement relevant discount strategies in their Airbnb listings to optimize pricing.

over 2 years ago75
Revenue Management Lessons (Ep 601)

This podcast episode discusses how to leverage Airbnb's discount features to increase bookings. The speaker explains the benefits of using discounts, particularly for longer stays and past guests, and how they can affect your listing's visibility and conversion rates. Hosts should explore the discount options available within Airbnb's platform to potentially increase bookings.

over 2 years ago82
Does Vrbo allow a host to change the cost of your vacation rental after booking? - The Points Guy

This article from The Points Guy investigates whether VRBO allows hosts to alter the cost of a vacation rental after a booking has been confirmed. It aims to clarify the platform's policy regarding price changes. The main focus is on transparency and the guest experience. Understanding these policies is crucial for hosts to build trust and avoid potential issues.

over 2 years ago75
Cashflow based financing for Airbnb hosts (Ep 599)

This podcast episode discusses how rising interest rates are affecting the lending environment and the potential impact on real estate values. It highlights the importance of understanding how economic cycles and Fed policy influence access to capital, and suggests that now might be a good time to pursue alternative financing options.

over 2 years ago75
Cashflow based financing for Airbnb hosts

This article from Get Paid for Your Pad discusses cashflow-based financing options for Airbnb hosts. It also includes insights on revenue management routines and the challenges of STR pricing compared to hotels. Hosts can learn about new financial options and improve their revenue management.

over 2 years ago75
Revenue Management Questions Answered Part II (Ep 595)

This podcast episode discusses revenue management, highlighting the importance of a strategic approach and the potential of a new course on the topic. It also promotes the host's new short-term rental properties, FreeWild, and the VRMA conference.

over 2 years ago78