News

This podcast episode discusses the STR market outlook for 2024, drawing on data from AirDNA and the Darm conference. It predicts a stable market with slightly increased ADR and RevPAR, but emphasizes the importance of focusing on guest experience to stand out.

A judge has halted the City of Dallas' ban on short-term rentals. This is positive news for Dallas hosts, meaning they can continue operating for now. Hosts should stay informed on the legal proceedings and any potential future changes to local regulations.

This article discusses market trends in the short-term rental space, specifically highlighting Google's increasing presence with Google Vacation Rentals and the rise of direct bookings. It also emphasizes the importance of a diverse marketing strategy and leveraging various channels to reach potential guests in an evolving market.

This podcast episode discusses common mistakes in the short-term rental industry, as highlighted in the book "The Vacation Rental Secrets." Hosts can learn from these mistakes regarding team building, inventory acquisition, and owner management to avoid common pitfalls and potentially save money and time.

This article discusses potential new regulations for short-term rentals (STRs) in York. Hosts with properties in York should pay attention to local news to stay informed about potential rule changes that could impact their ability to operate.

This interview discusses Plum Guide, an OTA focused on "discerning travelers" who are design-focused and willing to pay a premium. Plum Guide vets homes, focusing on quality of service and guest experience to differentiate itself. Hosts can list on Plum Guide alongside other platforms and integrations are available with major PMS systems.

This podcast episode discusses how to leverage Airbnb's discount features to increase bookings. The speaker explains the benefits of using discounts, particularly for longer stays and past guests, and how they can affect your listing's visibility and conversion rates. Hosts should explore the discount options available within Airbnb's platform to potentially increase bookings.

This podcast episode discusses the concept of "unreasonable hospitality" and how it is becoming a key factor for success in short-term rentals. Hosts are encouraged to go above and beyond for their guests, focusing on creating memorable experiences and human connections beyond just service and property standards. It's recommended to explore this concept to enhance guest satisfaction and build a brand that guests will share with others.

Asheville, NC has seen a 57% increase in short-term rental usage since 2019. This increase may indicate growing demand and could impact local regulations. Hosts in Asheville should stay informed about the city's regulatory processes.

This podcast episode discusses how rising interest rates are affecting the lending environment and the potential impact on real estate values. It highlights the importance of understanding how economic cycles and Fed policy influence access to capital, and suggests that now might be a good time to pursue alternative financing options.

Proposed changes to short-term rental rules in Rock Hill could significantly impact Airbnb and VRBO hosts. Hosts should stay informed about potential regulatory changes and how they might affect their ability to operate.

Airbnb's Winter 2023 Release includes new features that allow hosts to provide more detailed listing information, potentially boosting bookings. A new 'Guest Favorite' badge highlights high-quality listings, influencing search rankings. Hosts should update their listing details and strive for high guest ratings to benefit from these changes.

This podcast episode focuses on the challenges of hiring in the short-term rental industry. The guest, Steve Trover, shares insights on when to hire, emphasizing that hosts should focus on freeing up their time to focus on business growth. He also suggests creating an organizational chart to identify tasks that can be outsourced.