News
Stay updated with the latest STR industry news and regulations
How to Make the Most Money Possible from Your Rental Property
This article discusses strategies to increase rental income without acquiring more properties. The focus is on enhancing existing properties through unique amenities and upgrades to attract higher-paying tenants and maximize cash flow.
5 Ways to Buy Rentals Without a Huge Bank Account
This article from BiggerPockets discusses five financing strategies for buying rental properties, focusing on how hosts can use less cash upfront. It highlights FHA and conventional loans, partnerships, and other people's money (OPM) strategies, giving hosts various options to invest in real estate.
Soccer May Bring 750,000 to Washington Next Year. Is Your Short-Term Rental Program Ready? - MRSC
A large influx of visitors (750,000) is expected in Washington next year due to a soccer event. Hosts should consider how this will impact their occupancy and pricing strategies. This could significantly impact revenue potential if hosts are prepared.
Hilton Head businesses, residents concerned with proposed regulations on short-term rentals - WTOC
This article discusses proposed regulations on short-term rentals in Hilton Head, raising concerns among local businesses and residents. Hosts in Hilton Head should stay informed about potential changes to local STR laws, as they could impact their ability to operate.
Appeals court upholds New Orleans’ rental rules but strikes down key provisions - NOLA.com
An appeals court upheld New Orleans' short-term rental rules but struck down key provisions. Hosts in New Orleans should be aware of these legal changes as they may impact their ability to operate.
Unions call for boycott of Airbnb, as company pursues $120M lawsuit against the city - The San Francisco Standard
Unions are calling for a boycott of Airbnb due to a $120M lawsuit the company is pursuing against the city. This news highlights potential conflicts between Airbnb and local communities. Hosts should stay informed about local regulations and any community pushback against STRs.
Would customers pay more if Airbnbs were taxed at a higher rate? - Alaska's News Source
This article discusses the potential impact of higher taxes on Airbnb rentals and whether customers would be willing to pay more. Hosts should monitor local tax changes to understand how they may affect pricing and profitability.
Newman-Dailey Resort Properties still going strong after 40 years - The Destin Log
This article celebrates Newman-Dailey Resort Properties' 40th anniversary in Destin. While not directly providing actionable insights, it highlights the longevity possible in the vacation rental industry, suggesting potential for long-term success.
SF community groups and labor unions announce boycott of Airbnb - KALW
Community groups and labor unions in San Francisco have announced a boycott of Airbnb. This could impact booking volume in the area. Hosts should monitor the situation and consider adjusting their pricing strategy if demand decreases.
Sean Elo-Rivera Proposes Ballot Measure for Tax on Vacation Home Rentals - OB Rag
A ballot measure proposing a tax on vacation home rentals is being proposed. Hosts in the impacted area should be aware of potential new tax burdens.
SF Unions Call for Boycott of Airbnb as It Tries to Claw Back $120 Million in Taxes - KQED
San Francisco unions are calling for a boycott of Airbnb due to the company's attempt to recoup $120 million in taxes. Hosts in San Francisco should be aware of potential community backlash and the evolving political landscape surrounding STRs.
Supreme Court to Decide on Terézváros Airbnb Ban amid Rising Tensions - Hungary Today
The Supreme Court will decide on the Airbnb ban in Terézváros, Hungary. Hosts in this area should stay informed about the court's decision, as it could impact their ability to operate.
New Tariffs Aimed Directly at Real Estate Investors (Who They’ll Affect)
New tariffs on kitchen cabinets, furniture, and construction trucks, implemented October 1st, could significantly increase costs for real estate investors, including STR hosts. This could impact renovation and new construction costs, potentially making it harder to maintain profitability.
Amex GBT and Concur Unite for AI-Powered Travel Platform as U.S. Hotels Face RevPAR Slowdown
AI is rapidly transforming the hospitality industry, with independent hotels seeing faster returns than large chains. Hosts should consider using AI tools for guest communication, marketing, and dynamic pricing to improve efficiency and boost revenue. Balancing automation with a human touch remains critical for success.
Lenox to hold a formal public hearing on short-term rental rules and regulations - The Berkshire Eagle
Lenox, MA will be holding a public hearing to discuss new rules and regulations for short-term rentals. Hosts in the Lenox area should pay attention to these upcoming changes to ensure compliance. Attend the hearing or review the finalized regulations to understand how they might impact your STR business.
What are the rules for short-term rentals in the Centre Region? Here’s a look - Centre Daily Times
This article discusses the short-term rental rules in the Centre Region. Hosts should review these regulations to ensure their listings comply with local laws and avoid potential penalties.
Norfolk City Council approves Airbnb tax increase for units with multiple bedrooms - The Virginian-Pilot
The Norfolk City Council has approved an Airbnb tax increase for units with multiple bedrooms. Hosts in Norfolk should be aware of this change as it may impact their profitability. Check your local regulations for similar changes.
Fifth Circuit upholds much of New Orleans' short-term rental laws minus one key provision - NOLA.com
The Fifth Circuit Court upheld most of New Orleans' short-term rental laws, with one key provision overturned. Hosts in New Orleans should be aware of these legal developments to ensure compliance with the city's regulations.
No moratorium on HHI short-term rentals, regulations drafted instead - WSAV-TV
The town of HHI is drafting regulations for short-term rentals instead of implementing a moratorium. Hosts should stay informed about the new regulations. Stay updated on the new changes in the law that is going to be drafted.
DC Group Spends Thousands To Influence Maui Vacation Rental Bill - Honolulu Civil Beat
A DC group is spending money to influence a vacation rental bill in Maui. Hosts should be aware of potential regulatory changes and the influence of lobbying efforts on local short-term rental laws.