STR News.

This article discusses the challenges faced by businesses in Big Bear Lake due to a decline in tourism. While specific details aren't provided in this title, it suggests potential market changes that could impact occupancy and profitability for STR hosts in the area.

This article discusses the challenges faced by businesses in Big Bear Lake, CA, due to a decline in tourism. Hosts in this area should be aware of potential impacts on occupancy rates and revenue. Consider monitoring local market trends and adjusting pricing strategies accordingly.

This article discusses the opportunity to revitalize aging vacation rental properties like boutique hotels and cabin communities to grow your STR brand, particularly in the face of local regulations. The hosts share how modernizing amenities, improving marketing, and streamlining operations boosted occupancy and ADR. Consider exploring older properties and incorporating modern practices to enhance your bottom line.

This article discusses revitalizing aging vacation rental communities by incorporating modern amenities, enhancing marketing, and streamlining operations. It highlights the potential for STR businesses to grow by acquiring and upgrading older properties and provides insights on revenue management and CEO-level leadership in the STR space. Hosts can learn how to increase occupancy and ADR by modernizing older vacation rentals and optimize their business strategies.

This article discusses a 3-step approach to increase Airbnb revenue by 15-30%. It emphasizes the importance of combining data analysis with human skills and understanding risk tolerance to set optimal pricing and achieve desired occupancy levels. Hosts should use these strategies to analyze data, determine their risk tolerance, and adjust nightly rates to optimize revenue.

This article discusses strategies for attracting corporate travelers to your STRs. It covers amenities, service expectations, marketing tactics, and building relationships with corporate travel departments. Hosts can leverage this information to increase occupancy and revenue.

This article discusses the number of Airbnbs in Charlotte, NC. Hosts in Charlotte should be aware of the market saturation to inform their pricing and occupancy strategies.

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 article discusses leveraging long-term (30+ day) stays on Airbnb. It highlights the growth of this category and provides insights from a host managing multiple properties, including marketing strategies using a blog and important considerations for long-term leases.

Aspen and Pitkin County, CO, have implemented a 120-day annual limit on vacation rentals. This change impacts hosts in those areas, potentially reducing occupancy and requiring adjustments to their booking strategies.

Local authorities are considering regulations for short-term rentals, potentially impacting how hosts operate. These changes may encompass permitting, occupancy limits, or other restrictions. Hosts should stay informed about proposed regulations to ensure compliance and avoid potential penalties.

This article from the National League of Cities offers guidance to local governments on creating short-term rental regulations. It highlights key considerations for municipalities, potentially impacting hosts through new permitting processes, occupancy limits, or restrictions on short-term rentals. Understanding these evolving regulations is critical for hosts to remain compliant and avoid penalties.

This article discusses how to use Peerspace, an event rental platform, to generate additional revenue for your short-term rental. It provides insights into the platform, how to combine it with Airbnb, and what amenities are popular. Consider exploring Peerspace to maximize occupancy and diversify your income stream.

The Aspen City Council is reviewing its short-term rental ordinance and is requesting information on permit caps and occupancy limits. Hosts in Aspen should be aware of potential changes to local regulations that could impact their ability to operate.

The US is lifting its international travel ban in November, which could lead to a spike in demand for US-based short-term rentals, especially in urban areas. This could mean increased occupancy and potentially a shift in pricing strategies for hosts. Hosts should monitor demand and adjust pricing accordingly.

This article discusses the impact of short-term rentals on hotel and occupancy taxes. Hosts should understand the tax implications of their STR businesses and how they contribute to local revenue.

This article discusses insights from an AirDNA review at a Vacation Rental Management Conference. It focuses on how market data from Airbnb has dramatically changed due to the COVID-19 pandemic. The review, presented by PriceLabs, likely provides data-driven analysis to inform pricing and occupancy strategies in the evolving short-term rental market.

This article from PhocusWire states that Airbnb occupancy rates are not expected to recover until September 2021. Hosts should be prepared for continued lower occupancy rates in the first half of the year and adjust pricing and marketing strategies accordingly.

Booking.com has introduced longer-stay rates. This update could impact your pricing strategy and occupancy rates. Consider exploring and adjusting your pricing to capitalize on this feature.

This article discusses the saturation of short-term vacation rentals in Henderson neighborhoods. Hosts in Henderson, NV, should be aware of this trend and its potential impact on occupancy and local regulations.

This article discusses an increase in domestic short-term rental bookings on travel sites and Airbnb. Hosts should pay attention to this trend as it indicates rising demand, potentially impacting pricing and occupancy.

This article reports on civil unrest in Minneapolis following the death of a man in custody. While not directly related to STRs, it's a reminder for hosts in affected areas to monitor local news, assess the safety of their properties, and consider potential impacts on occupancy and guest experience.

This article discusses how a host used Instagram to promote their Airbnb listing, resulting in high occupancy rates. Hosts can learn from the host's strategies of documenting the renovation process, posting engaging content, and encouraging guests to share their experience on social media. Implementing these methods can help you attract more guests and build brand awareness.

This article from the City of Malibu, CA discusses the Transient Occupancy Tax (TOT) specifically for residential properties. Hosts in Malibu need to understand and comply with these local tax regulations to avoid penalties.