News
Stay updated with the latest STR industry news and regulations
Southold, a town in an unspecified location, is beginning the process of developing a short-term rental code. This indicates a proactive approach to regulating the STR market. Hosts should monitor the development of these local regulations, as they can significantly impact operations.
Independent hotels face challenges competing with larger brands and OTAs. Cloud revenue tools automate rate updates, forecast demand, and consolidate data, enabling quick responses to market changes. Key metrics like RevPAR and ADR should be tracked alongside channel mix to measure performance. Consider integrating cloud-based RMS, like PriceLabs or RoomPriceGenie, for enhanced revenue.
This article from The Athletic in The New York Times discusses how short-term rentals are providing little relief for World Cup travelers. The main point is that there is an unmet demand for accommodation during a major event, and STRs aren't filling the gap. This suggests that pricing and availability are key challenges for hosts to address during high-demand periods.
Airbnb hosts near World Cup stadiums are aiming for high earnings, but face challenges. The article suggests that capitalizing on the event isn't as simple as expected. Factors such as high demand and market dynamics are influencing profitability for hosts near the stadiums.
Citizens' upgrade of Airbnb stock reflects confidence in its hotel expansion strategy. The firm believes the move will boost Airbnb's market performance. This signals a positive outlook on the company's growth potential and its evolving business model, potentially impacting its competitive landscape.
This article discusses how short-term rentals are impacting the traditional real estate appraisal process. It suggests lenders may be overlooking the influence of STRs, potentially leading to inaccurate valuations and financial risks. Understanding this shift is essential for both lenders and property owners navigating the current housing market.
Airbnb's "Wuthering Heights" promotion highlights the rising interest in romantic getaways. Searches for Valentine's stays in West Yorkshire are up 59%, indicating a growing trend in themed experiences. The exclusive overnight stay, inspired by the film, provides unique guest experiences and helps establish West Yorkshire as a romantic destination.
The city has approved a new short-term rental ordinance, setting a strict limit of 150 units. This regulatory change aims to manage the growth of STRs and may impact existing hosts. The introduction of a unit cap necessitates adjustments for hosts, emphasizing the need to be compliant.
Skokie, IL, has established new regulations for short-term rentals, affecting the estimated 90 existing properties. These regulations will likely influence how hosts operate within the city limits. Hosts in Skokie need to understand and comply with these new rules to avoid penalties.
The Wingaga Casino App is launching a series of promotional events in Hungary, including competitions with prizes, exclusive loyalty programs, and daily promotions. It's unveiling themed casino nights and special offers. Hosts should familiarize themselves with these opportunities for potential rewards and user engagement. Explore the various features to enhance your experience and potentially boost your winnings.
This article discusses a city's agreement with the Warbirds for the use of an Ice Arena for short-term rentals. This suggests potential changes in local regulations or market dynamics for STRs. The impact of such agreements could lead to new opportunities or challenges for hosts in the area.
The Coastal Commission delayed its vote on proposed short-term rental regulations in Pacifica. This pause suggests ongoing debate and potential adjustments to the rules governing STRs in the area. Hosts should stay informed as the regulatory landscape evolves, impacting local operations and compliance.
Portland, Oregon, has identified an additional $15 million in unspent housing funds. While not directly about short-term rentals, this financial discovery could influence local housing policies. It hints at potential shifts in resource allocation that may indirectly affect the STR market and related regulations.
A proposal to tax empty second homes and vacation rentals has failed, impacting potential revenue streams for local governments. This could influence future discussions about housing affordability and short-term rental regulations. The failure highlights the ongoing debate surrounding STRs and their impact on local economies.
Tenant and landlord groups in Utah have united to oppose limitations on the state's residential property tax exemption. This unified front highlights the potential impact of proposed changes on both housing providers and renters. Landlords and tenants are likely concerned about the financial ramifications of these limits.
The ABQ City Council has rejected a short-term rental regulation ordinance, impacting hosts in Albuquerque. This suggests current regulations will remain in place, and hosts should monitor future developments. The decision highlights the ongoing debate over STRs and local governance.
The 2026 FIFA World Cup is driving a surge in short-term rental bookings, creating high demand in host markets. This trend presents significant opportunities for hosts but also necessitates proactive strategies to capitalize on the event. Hosts should consider optimizing their pricing and marketing efforts to attract guests during this peak season.
This article discusses a Qatar-based startup offering significant cost savings for warehouse rentals, similar to the Airbnb model. The platform boasts a 30% reduction in costs, providing a novel approach to logistics. The core concept may indirectly influence the STR industry by showcasing alternative business models and potentially impacting supply chain costs.
Decatur, in an unspecified location, has recently passed a new short-term rental ordinance. Details of the ordinance are unknown, but this move signifies an active change in the local regulatory landscape for STR hosts. Hosts in Decatur should familiarize themselves with the new rules to ensure compliance.
Albuquerque faces challenges in regulating short-term rentals, with ongoing disagreements and a rise in illegal listings. This lack of consensus impacts both hosts and the housing market. Understanding the local regulatory landscape is crucial for hosts to operate legally and avoid potential penalties.