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Summary
This episode delves into the critical process of selecting the right short-term rental markets and properties. Hosts Michael and Liz emphasize the importance of deep market research, leveraging personal networks, and understanding local regulations and financial nuances to de-risk investments and ensure success.
Frequently Asked Questions
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More from Getting Started
The Shortyz 2026 Awards celebrated the best in short-term rentals, highlighting industry leaders and trends. The article mentions the awards event held in London on April 21st, 2026. Stay informed with the latest updates from the short-term rental industry.
Prism's G6 Hospitality is launching a new "premium economy" extended-stay brand called Studio 6 Plus in the U.S. This expansion follows the successful Motel 6 and Studio 6 brands. The strategy aims to attract developers with more favorable franchise terms, drawing comparisons to budget airlines. Studio 6 Plus aims to cater to value-conscious travelers.
This article from the Times Colonist argues that short-term rentals can bring diversity to tourism in an area. The comment likely focuses on how STRs can accommodate various travelers. The article probably emphasizes the benefits STRs bring to local communities and their ability to enhance the tourist experience.
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