Tag Archives: short term rentals

New York City’s strict short-term rental law goes into effect

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New York City’s law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, hosts must stay in the unit with their guests. Continue reading →

Airbnb profit jumps 72% as more homes are rented out short term

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Revenue for the company grew to $2.5 billion in the second quarter buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released Thursday. Continue reading →

Vrbo bookings suffer in Q2 as more travelers opt for hotels in 2023

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The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday. Continue reading →

Trophy properties are all the rage right now, Jonathan Spears says

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Ahead of his appearance at Inman Luxury Connect, the Spears Group founder told Inman demand for trophy properties or highly unique listings is at an all-time high throughout North Florida. Continue reading →

How to transform second homes into lucrative short-term rentals

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Savvy investors recognize that when your vacation home is empty, it’s just draining your bank account. Here’s how to turn it into a lucrative short-term rental. Continue reading →

Airbnb posts first profitable Q1 as revenue climbs to $1.8B

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The short-term rental platform has doubled in size since the start of the pandemic as the number of rentable homes increased by 18 percent from last year, according to earnings data released Tuesday. Continue reading →

These are the highest-grossing short-term rental markets of 2023

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Using Airbnb’s search categories and data around average daily rates, AirDNA has compiled a report showing the highest potential earning markets for short-term rental investors. Continue reading →

25 cities cracking down on Airbnb: The Real Word

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This week, Byron Lazine and Nicole White are talking about cities that are making it harder to own short-term rentals, how inflation has impacted millennial homebuying plans and the weekly media review Left, Middle, Right. Continue reading →

With $4M seed round, Rove launches property marketplace

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The “remote work-friendly property brand” is in beta with a property sales portal, a marketplace, for selling short-term rental properties. Each listing’s financial filings are provided in full detail. Continue reading →

Real estate investing in 2022: Where is the roller coaster headed?

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“It’s like that roller coaster where it’s going up and up and up and up. You don’t know what’s going to happen when you get to the top.” Many investors had a pleasant ride in 2022. But the ride might come to an end. Continue reading →