The Role of Short-Term Rentals in the Sharing Economy The sharing economy is a term used to describe the economic activity that occurs when individuals or organizations share their resources with others, typically through online platforms. This can include anything from sharing a car to renting out a spare room....
Guest Screening Tips for Short-Term Rental Hosts As a short-term rental host, you want to make sure that you’re renting your property to responsible guests who will treat your home with respect. By following these guest screening tips, you can increase your chances of finding great tenants and avoid any...
Technology Trends Shaping the Future of Airbnb and VRBO The vacation rental market is booming. In 2021, Airbnb reported that it had hosted over 150 million guests, and VRBO reported that it had over 5 million listings. This growth is being driven by a number of factors, including the rise...
The Impact of COVID-19 on Short-Term Rentals: Lessons Learned The COVID-19 pandemic has had a significant impact on the short-term rental (STR) industry. In this post, we’ll explore the impact of COVID-19 on STRs, including: The decline in travel and tourism The challenges faced by STR owners and managers The...
Building a Profitable Short-Term Rental Business The short-term rental market is booming. In 2021, Airbnb hosts earned over \$110 billion in revenue. And with the rise of remote work, more and more people are looking for short-term rentals as a way to travel and work from anywhere. If you’re thinking...
Understanding the Tax Implications of Short-Term Rentals Short-term rentals (STRs) have become increasingly popular in recent years, as more and more people look for alternative ways to earn income from their properties. However, it’s important to be aware of the tax implications of owning and operating an STR before you...
Design Tips for Making Your Airbnb Stand Out Airbnb is a popular platform for people to list and rent out their homes to travelers. If you’re an Airbnb host, you want to make sure your listing stands out from the competition so that you can get more bookings. One of...
The Pros and Cons of Investing in Short-Term Rental Properties Short-term rental properties, such as Airbnbs and Vrbo rentals, have become increasingly popular in recent years. There are a number of reasons for this, including the rise of remote work and the increasing desire for flexibility and convenience. However, there...
How to Optimize Your VRBO Listing for Maximum Visibility As a vacation rental owner, you know that your listing is only as good as its visibility. If potential guests can’t find your property, they won’t be able to book it. That’s why it’s so important to optimize your VRBO listing...
The Future of Vacation Rentals: Trends to Watch in 2023 The vacation rental market is booming. In 2021, the global vacation rental market was valued at \$153 billion and is expected to grow to \$210 billion by 2027. This growth is being driven by a number of factors, including the...
Airbnb Hosting Tips: Creating Unforgettable Experiences Airbnb is a popular platform for people to list their homes for short-term rentals. If you’re thinking of becoming an Airbnb host, there are a few things you can do to make your listing stand out and create unforgettable experiences for your guests. 1....
Navigating Legal Challenges in Short-Term Rentals The short-term rental (STR) market is booming. In 2021, STRs generated an estimated $120 billion in revenue, and that number is expected to grow by double digits in the coming years. This growth has been driven by a number of factors, including the rise...
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