News

Airbnb is updating its platform in December with changes focused on pricing transparency. Hosts should review how their listings will appear and adjust their pricing and cleaning fees accordingly to stay competitive and maintain visibility in search results.

This article from Get Paid For Your Pad discusses how renovating existing STR properties, specifically cabins, can increase revenue by attracting the ideal guest and maximizing occupancy. It emphasizes the importance of researching market demands using tools like AirDNA and creating a realistic budget, and touches on revenue management routines.

This podcast episode discusses short-term rental investment opportunities in Cali, Colombia, highlighting its potential for digital nomads and foreign investors. It covers the pros and cons of investing in Colombia, including financial advantages like earning in dollars while spending in pesos, and emphasizes the importance of risk management, particularly by choosing a great manager.

AirDNA, a popular short-term rental data and analytics company, has appointed a new CEO, Demi Horvat. This change may signal shifts in the company's focus and offerings, which could impact how hosts use AirDNA for market research and pricing strategies.

This article from Get Paid For Your Pad discusses revenue management and CEO-level focus in the short-term rental business. It emphasizes the importance of consistent routines, daily pricing reviews, and strategic time allocation for CEOs to drive business growth.

A short-term rental home in Aspen, Colorado, sold for $69 million just before a key deadline. While the specific impact on hosts isn't detailed, this highlights the high-value market in Aspen. Consider staying informed on local market trends and regulations affecting your property.

This article discusses how hosts can target the bachelorette party niche to charge premium rates for their STRs. It explores strategies for gathering data, setting expectations, screening guests, and implementing policies to ensure successful and profitable bachelorette party bookings. Hosts should consider the advice given to tap into this lucrative niche to boost their revenue.

This article discusses rising rental costs on Hilton Head Island compared to other coastal cities. Hosts should pay attention to local market trends to understand pricing dynamics and adjust their strategies accordingly.

This article is an episode of a podcast discussing how to achieve better results in your business and life. It also touches on revenue management routines and the importance of focusing on CEO-level tasks instead of getting bogged down in busy work. Hosts should take note of their pricing routine and prioritize strategic focus to improve their business.

PriceLabs, a dynamic pricing tool, has acquired Rental Scale-Up to enhance its vacation rental insights. This acquisition aims to improve the data and analytics available to hosts for informed pricing and revenue management decisions.

This article is a collection of insights from the "Get Paid For Your Pad" podcast. It includes advice on revenue management, leadership for STR CEOs, and comparisons between hotel and Airbnb revenue management. Hosts can benefit from the advice shared in these episodes to optimize their business.

This article from Get Paid For Your Pad discusses various aspects of STR revenue management and CEO focus, emphasizing the importance of scheduled routines, data-driven decisions, and strategic prioritization for growth. Hosts should focus on daily and weekly pricing routines, understand market signals, and prioritize tasks to avoid overwhelm.

This article discusses creating a renovation budget for your Airbnb to maximize revenue. The article offers insights on determining ROI, creating a guest experience aligned with your brand, and utilizing tools like AirDNA for market comparisons, focusing on how you can justify higher prices based on the guest experience.

This Get Paid For Your Pad episode discusses revenue management, CEO focus, and the differences between hotel and STR revenue models. Hosts can learn daily and weekly pricing strategies, how to avoid common CEO pitfalls, and why STR pricing is more complex than hotel pricing.

This article discusses the current state of the US short-term rental market in 2022, presenting mixed signals of growth and challenges, including economic uncertainty and increasing supply. Hosts should pay attention to these trends to better plan their business strategies. Additionally, the article dives into revenue management routines and CEO responsibilities in scaling a STR business.

PriceLabs, a short-term rental pricing solution, received a $30M investment. This investment highlights the continued growth and importance of dynamic pricing tools in the STR market. Hosts can consider using dynamic pricing tools to optimize their revenue.

This article is an episode of the "Get Paid For Your Pad" podcast discussing strategies for maximizing ROI in STRs. It features insights from a property management company owner, covering topics like transitioning from owning to managing, and revenue management routines. Hosts should consider the suggested routines for revenue management and review their booking data to increase their profitability.

This article discusses revenue management strategies for short-term rentals, including daily and weekly pricing routines, booking review analysis, and the importance of adapting to market conditions. Hosts should focus on scheduled revenue management, analyzing booking behavior, and making small, consistent price adjustments. Learn how to review pacing and adapt to last-minute bookings.

This article discusses revenue management strategies for short-term rentals, contrasting them with hotel revenue management. It highlights the importance of consistent pricing routines, analyzing booking data, and understanding the unique challenges of STR pricing, such as operational constraints and the need for deeper rate drops near arrival.

This article from PhocusWire suggests that a recession could lead to a surge in vacation rental supply. Hosts should be aware of this potential market shift and consider adjusting their pricing strategies accordingly.