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Airbnb is Losing Billions of dollars
Summary
In this video, Sean Rakidzich discusses several mistakes that Airbnb has made over the past few years that hosts should be aware of, such as their restrictive party screening algorithms that may prevent booking by guests, their initial handling of the pandemic that has class action lawsuits against them, and the simplified pricing model, which causes hosts to have an automatic 14-15% fee without knowing about it.
More from Regulations & Compliance
The Town of Montgomery is finalizing a new short-term rental law. Details are pending, but the new regulations will impact local hosts. Hosts should prepare for potential permit requirements, and ensure compliance to avoid penalties. Finalizing new regulations signifies an increasing trend of local governments regulating STRs.
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A bill concerning Arizona short-term rentals appears to have failed, according to a recent report. This means potential new regulations or adjustments to existing laws may not move forward at this time. Hosts should stay informed about the status of local legislation that could impact their operations.
Curated by Learn STR by GoStudioM



