News
Stay updated with the latest STR industry news and regulations
This article explores the vacation rental market in Ashe County, focusing on the shift from cabins to condos. It provides insights into market trends and potentially the impact of this transition on local hosts. Understanding these shifts can help hosts adapt their strategies and capitalize on emerging opportunities within their market.
Greece's short-term rental tax revenue is approaching €1 billion, suggesting significant activity. Hosts should stay informed about the expanding restrictions, as these often impact operational procedures and profitability.
Cape Coral, Florida, has implemented rental registration fees and enforcement for short-term rentals, according to WGCU. Hosts in the area now need to register their properties and comply with new regulations. This change impacts property owners and requires prompt action to avoid penalties.
The IRS is increasing its scrutiny of side hustle income, including income from short-term rentals. Hosts need to ensure they are accurately reporting all rental income to avoid potential penalties. Staying compliant with tax regulations is crucial for all STR owners.
Expedia Group expands its partnership with Affirm, making the BNPL service exclusive for Expedia, Hotels.com, and Vrbo. Customers booking hotels and packages can access monthly repayment plans, including interest-free options for some. This move reflects the growing trend of payment flexibility and its importance in the evolving booking journey, ultimately aiming to enhance traveler convenience.
This article shares a BiggerPockets interview with an individual who retired early by building a portfolio of eight paid-off rental properties. Hosts can learn how to potentially replicate this strategy using savings, rental cash flow, and 401(k) loans. It also highlights the advantages of a small, debt-free portfolio.
This article shares the story of an investor who built a 10-property rental portfolio and achieved $4,000 monthly cash flow in four years. Hosts can learn from the strategies used and the shift towards a smaller, more manageable portfolio for improved work-life balance.
PriceLabs provides a dynamic pricing reporting checklist for Airbnb hosts, emphasizing the importance of clear portfolio analytics, market insights, and transparent pricing logs. It highlights key metrics like ADR and RevPAR, encourages weekly reviews for performance tracking, and stresses the need for event and seasonality analysis to capture demand spikes and implement guardrails for price control. Using the Event Calendar in PriceLabs and creating account is essential.
Airbnb revenues in Greece reached a record €1 billion, indicating a strong market. This financial success highlights the potential for profitability in the Greek STR market. Hosts can consider this data when evaluating the market and pricing their listings.
This PriceLabs playbook provides a definitive guide to hospitality revenue management, emphasizing demand forecasting and dynamic rate optimization. Key takeaways include the importance of diverse data inputs for accurate forecasting and the use of AI-driven strategies. It also details benchmarking against competitors and provides modular revenue playbooks for different occupancy scenarios, ultimately aiming to maximize RevPAR and overall profit.
This episode of Get Paid For Your Pad discusses why Airbnb suspends listings, a major risk for hosts. The episode details the three-stage suspension process and provides prevention systems, communication strategies, and diversification tactics to protect your listings and revenue. Hosts should focus on maintaining high ratings, addressing guest issues promptly, and diversifying their platforms to mitigate potential suspensions.
Airbnb's revenue near €1 billion is influencing government policy. Hosts should stay informed about potential regulatory changes stemming from this financial success.
Airbnb's revenue nearing €1 billion is causing shifts in government policy. Hosts should stay informed about potential regulatory changes stemming from this financial impact to ensure compliance and adapt to the evolving landscape.
A Florida Airbnb host was arrested at a Disney-area resort for allegedly engaging in a lewd act with a vacuum cleaner. This incident highlights the importance of maintaining professional conduct and adhering to all local laws. It serves as a reminder for hosts to be mindful of their behavior and surroundings, especially in family-friendly environments.
Authorities believe a missing teen was likely killed at a short-term rental in Ohio, according to police reports. The suspect's attorney has stated that remains have been recovered. This incident highlights the potential risks associated with STRs and the importance of thorough background checks and security measures.
This article reports on a Florida Airbnb host accused of inappropriate behavior at a resort. While specific details are provided about the alleged actions, the core issue highlights the potential risks of hosting and the importance of maintaining professional conduct. This situation serves as a stark reminder for hosts to be aware of their actions and the potential repercussions of unprofessional behavior, particularly in shared spaces.
Decatur, Alabama is considering tightening its short-term rental regulations. The proposed changes include a cap of 135 properties allowed to operate as STRs and the enforcement of fines for violations. This may affect existing and prospective hosts in the area.
This article reports on Airbnb's refusal to ban a guest who racially abused a host. Hosts should be aware of platform policies regarding guest behavior and how they are enforced, and document all instances of abuse.
This article discusses Airbnb's stance on an affordable housing bill, specifically their opposition to a proposed "Vacation Tax". Hosts should be aware of how Airbnb is reacting to local regulations and taxes, as these could impact their profitability.
A developer in Sandbanks is attempting for the fourth time to overturn a ban on converting a garage into an Airbnb. This highlights the ongoing challenges of navigating local regulations and the potential difficulties of operating in areas with strict STR restrictions. Hosts need to be aware of local zoning laws and restrictions before investing in a property.