News

Stay updated with the latest STR industry news and regulations

News article thumbnail
MGM Now Powers All Its Las Vegas Strip Properties with Solar. Here’s How

MGM Resorts powers all Las Vegas Strip properties' daytime electricity with solar energy, covering 14 hotel casinos and roughly 40,000 rooms. MGM works with developers, commits to buying the produced power, and signs long-term deals. This model offers a sustainable energy approach without upfront costs for the company.

3 months agoNevada75
News article thumbnail
Dubai’s Flying Taxis Will Start With Airports, Resorts, and Business Districts

Dubai is launching flying taxis, initially focusing on airports, resorts, and business districts. Early demand is expected from tourists and business travelers. The vertiport at Dubai International Airport is nearly complete. This innovative transportation method may impact travel to and from STR properties.

3 months agoDubai65
Key Data and BookingsCloud Announce Direct Revenue Partnership

Key Data and BookingsCloud have partnered to boost direct bookings through automated performance marketing, potentially yielding 8-18x returns on ad spend. This partnership addresses rising acquisition costs by combining market insights with unit-level ad delivery, offering smaller and mid-sized managers enterprise-level tools and direct revenue solutions.

3 months ago82
City Sets the Record Straight on ‘Airbnb Tax’ - Smile 90.4FM

This article discusses a city's clarification on the 'Airbnb Tax', likely aiming to dispel misinformation and provide accurate information for hosts. It provides essential insights for hosts on how the tax works and what regulations apply. Understanding this tax is vital for compliance and profitability.

3 months ago85
Short-term rentals, comparison between big cities and villages: profitability and impact of new tax rules - Il Sole 24 ORE

This article from Il Sole 24 ORE discusses the profitability of short-term rentals, comparing big cities and villages, and analyzes the impact of new tax rules. The analysis will likely offer insights into where hosts can maximize returns. It is crucial for hosts to understand tax implications to optimize revenue.

3 months ago85
Booking.com drops eight most welcoming US tourist destinations

Booking.com revealed its Traveler Review Awards, highlighting the eight most welcoming U.S. destinations. These destinations are smaller municipalities, with many under 50,000 residents, favoring charm and outdoor offerings. Four locations, including Cape May, NJ, and Broken Bow, OK, were repeat winners. Discover the value of focusing on guest experience in smaller markets.

3 months agoUnited States78
Wyandotte County amends short-term rental policy to meet World Cup housing demand - The Business Journals

Wyandotte County is adapting its short-term rental policies in anticipation of the World Cup's high housing demand. This policy change signifies a proactive response to increased tourism and the potential strain on local accommodations. Hosts in the area should pay attention to how these new rules may impact their operations.

3 months agoWyandotte County85
 RMS hires two executives to support growth

RMS, a property management software provider, has hired two executives to support its global growth. Nathan Reynolds will lead revenue, and Louise Lysaght will focus on customer experience. These appointments highlight RMS's investment in enhancing the full customer journey, from initial engagement to long-term success.

3 months ago75
Spanish government orders over 80,000 short-term rentals to be removed from market - shorttermrentalz.com

The Spanish government is taking action against the short-term rental market, ordering the removal of over 80,000 listings. This significant regulatory move will dramatically impact the availability of STRs and has broad implications for hosts operating in Spain. Hosts should prepare for potential impacts to their rental income and occupancy.

3 months agoSpain92
Spanish government orders over 80,000 short-term rentals to be removed from market

Spain is cracking down on illegal short-term rentals, ordering platforms to remove over 86,000 listings that failed to meet new registration requirements. This enforcement targets properties not complying with the mandatory registration law implemented last summer, aiming to alleviate housing shortages and combat price increases. Andalusia, Valencia, and the Canary Islands are most affected.

3 months agoSpain92
City clarifies Cape Town 'Airbnb tax' requirements - Time Out Worldwide

This article clarifies the requirements for the 'Airbnb tax' in Cape Town, South Africa, providing crucial information for hosts. It likely details specific tax obligations and compliance procedures, potentially impacting profitability for short-term rental operators. Understanding these clarifications is essential for legal operation.

3 months agoCape Town85
8 Proven Ways Hotels Use Dynamic Pricing to Enhance Occupancy

Dynamic pricing, a key hotel strategy, is explained with 8 proven methods to enhance occupancy. Techniques include demand-based rate adjustments, competitor monitoring, booking-window strategies, and channel-specific rules. PriceLabs' guide provides actionable steps, examples, and automation tools for hosts aiming to optimize revenue in their STRs.

3 months ago85
VIDEO: North Charleston short-term rental owners face fast-approaching permit deadline - Live 5 News

North Charleston STR owners face a fast-approaching permit deadline, according to Live 5 News. This means that hosts must take swift action to ensure compliance with local regulations. Failure to obtain the necessary permits could result in penalties, highlighting the importance of timely adherence to the city's rules.

3 months agoNorth Charleston, SC85
Oman among key drivers of short-term rental market - ZAWYA

This article highlights Oman as a key driver in the short-term rental market. Specific data on the market's performance and impact aren't available in this brief piece. The significance lies in recognizing emerging markets, and potentially their impact on other locations.

3 months agoOman65
Adjustments to Short Term Rental Ordinance Tops Saugatuck Council Meeting Tonight - WHTC

The Saugatuck Council is meeting to discuss adjustments to its Short Term Rental Ordinance. Hosts in Saugatuck should be prepared for potential changes to local regulations. Understanding these updates is crucial for continued compliance and successful STR operations in the area.

3 months agoSaugatuck, MI85
North Charleston short-term rental owners face fast-approaching permit deadline - Live 5 News

North Charleston STR owners face a quickly approaching deadline for permits, according to a recent news report. This underscores the increasing regulatory focus on short-term rentals and the importance of compliance. Hosts should prioritize staying informed about local ordinances to avoid potential penalties and ensure they remain operational.

3 months agoNorth Charleston, SC90
These two cities will allow short-term rentals in time for World Cup - Bergen Record

Two cities will allow short-term rentals in time for the World Cup. This provides new opportunities for hosts in those locations. Hosts should research local regulations for compliance before listing their properties to avoid penalties. This could mean increased demand and revenue.

3 months ago85
Airbnb Reveals Philadelphia Projections for Visitors, Regional Economic Impact for FIFA World Cup 2026 - PHILADELPHIA.Today

Airbnb projects significant visitor growth and regional economic impact for Philadelphia during the FIFA World Cup 2026. This presents opportunities for hosts, but also suggests potential shifts in local demand and pricing. Hosts should monitor market trends and adjust their strategies accordingly to maximize revenue during this event.

3 months agoPhiladelphia, PA85
Short-Term Rental Ordinance In Riverside County Slated For Changes - Patch

Riverside County's short-term rental ordinance is undergoing revisions, signaling potential changes for hosts operating in the area. While the article's details are sparse, any alteration to local regulations will likely affect operating procedures and compliance requirements. Hosts should stay informed about the updates to adapt accordingly.

3 months agonull75
Evanston property owners wary of proposed changes to Vacation Rentals Ordinance - The Daily Northwestern

Evanston property owners are concerned about proposed changes to the Vacation Rentals Ordinance, as the city considers updates. While the exact changes are not detailed in the brief article, the wariness of local property owners suggests potential impacts on their short-term rental operations. The situation underscores the importance of staying informed about local regulations for STR hosts.

3 months agoEvanston, IL75