Javier Sanandrés Alonso’s Post

As the festive season approaches, Airbnb hosts are gearing up for a lucrative winter. Melinda Johnson, managing 29 properties in the Smoky Mountains, is creating a holiday wonderland, complete with 29 Christmas trees, to attract guests willing to pay premium rates. While some hosts like Johnson triple their rates, others like Ryan Villines in Missouri opt for a modest holiday surcharge. With the economy tightening, this season is a critical time for hosts to maximize earnings and offset slower periods. Experts from AirDNA suggest that dynamic pricing could yield 20% more revenue than static rates. Whether it's stocking up on extra turkeys or meticulously cleaning homes, Airbnb hosts are leaving no stone unturned to ensure their guests have a memorable holiday experience – and to ensure their own financial stability through the winter months. #Airbnb #HolidaySeason #DynamicPricing #ShortTermRentals #FestiveBookings #TravelTrends #PropertyManagement #RealEstateInvesting #SeasonalRevenue

With the dizzying demand of 2023 well and truly in our rear view mirror, it's never been more important to have proactive strategies in place to deliver optimal RevPAR in all seasons #TheVeritasusEffect #Hospitality #RevenueManagement #HotelRevenue #HospitalityIndustry #HotelManagement #HospitalityLeadership #HotelOperations #RevenueOptimization #HospitalityTechnology #HotelPerformance #DataAnalytics #HospitalityConsulting #HotelMarketing #PricingStrategy #OccupancyRates #RevPAR #ADR #YieldManagement #BusinessTravel #HospitalityTrends 

Are you currently at a beach side holiday destination and window gazing the local real estate agency? Here's my thoughts on Airbnb property and holiday locations. Given time of year, I have a few clients recently ask me about airbnb properties and should they buy one, or should they buy a property and turn it into an Airbnb property as they can potentially achieve higher rental returns. Unless you have a large asset base already and really have a specific reason for it (such as being close to family), my answer would generally be no (please see general advice warning below).   It is no for a few reasons.   Generally the locations where AIRBNB are prevalent are holiday type areas such as Byron, Noosa, Mornington etc (great areas to holiday - don't get me wrong). During Covid, money flowed to these areas as people tried to escape the city, low rates meant people were looking for a home for cash, and prices inflated above fair value. With cost of capital increasing and international travel costs coming down, capital is now coming out of these areas as people move back to the city. In the past three months alone, house values in Byron Bay slumped by 7 per cent, slashing $152,660 from the median to $2.02 million. “Byron Bay is still kind of in a freefall and price declines have actually accelerated,” said CoreLogic head of research Eliza Owen. https://lnkd.in/gwkFGPhr Further, governments are starting to place restrictions on short term rentals due to the rental crisis, by limiting days per year property can be short term let (meaning you may not actually get the returns you think). And while yields can appear higher, so too are expenses such as management costs, repairs, etc. You have to ask yourself if the investment would still be a good investment without the "high yield" you could potentially achieve by Airbnb'ing the property, and what the track record for the area has been over the past 10 or even 30 years. Could you be better off investing in another asset or area with long term prospects and use those profits to holiday where you wanted more frequently? This article is strictly my own opinion, and does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial or investment decisions. #airbnb #property #holidays

As of 9/5 there are new regulations in NYC on short-term rentals like Airbnb. Under the new system, rentals shorter than 30 days are only allowed if hosts register with the city. Hosts must commit to being physically present in the home for the duration of the rental and more than two guests at a time are not allowed. How do you think this will impact #nyc #tourismindustry? It is good for hotels, but it limits affordable housing options for visitors. TLDR "As of Sept. 5, all Airbnb listings without registration numbers or exemptions will be converted to long-term stays of 30 days or more."

Value vs. Spending: NYC's Short-Term Rental Dilemma With recent laws to curb short-term rentals, the question of value versus spending is in the spotlight. Let's explore this hot topic and see how hotels compare to Airbnb-style rentals. Hotels: Consistency and Convenience. Hotels offer the comfort of predictability. They provide services like room cleaning, concierge, and on-site dining. You know what you're getting in terms of amenities and quality, plus they prioritize security. Short-Term Rentals: Personalization and Savings. Short-term rentals, like Airbnb, provide a personalized experience. You get more space, including kitchens and living areas, for a homier feel. Privacy is a highlight, and for extended stays or groups, they can be budget-friendly. For travelers, it boils down to preferences. Are you willing to pay more for hotel convenience or opt for savings and a unique rental experience? For property owners, adapting to NYC's change can be catastrophic for making a mortgage payment or lease. Is this a good or bad thing for NYC? How do you travel? #savings #vakue #travel #airbnb Aaron Lichtenstein Ari Stawis Manny Raposo https://lnkd.in/e3Q-7MhJ

Summary: Wall Street is increasingly interested in the short-term rental market, with private-equity firm TPG buying up houses in Florida to rent on Airbnb. This move comes as big firms recognize the potential profitability of short-term rentals, which can offer more spacious and private accommodations compared to hotels. The demand for short-term rentals remains strong, with July 2022 breaking the record for the most stays in one month. However, the rise of professional hosts and corporate players in the Airbnb market has changed the guest experience and introduced new risks for both individual hosts and investors. Takeaway: Wall Street is entering the short-term rental market, with TPG buying houses in Florida to rent on Airbnb. This highlights the potential profitability of short-term rentals and the continued demand for alternative accommodations. However, the corporatization of hosts and the volatile nature of the market pose challenges for both individual hosts and big-money investors. Hashtags: #Airbnb #ShortTermRentals #WallStreet #Hospitality #Investment #Travel

Watch this closely. Article speculates on what “could” happen to hotel rates, but in Toronto’s case should we adopt NYC regulations, reclaiming our 8,500 apartments now diverted to AirBNB, what will happen is lower rents from this additional rental apartment supply surge. Tackling the housing crisis will take many strategies. Following NYC’s lead could be one of them.