397. Deep Dive Into The State Of The STR Industry with Rent Responsibly

We’re thrilled to welcome Alexa Nota and Dave Krauss, co-founders of Rent Responsibly. Rent Responsibly is a community building and education platform on a mission to support short-term rental operators. They bring people in the STR community together, promote fair and reasonable regulation, and give hosts the tools they need to advocate for themselves.

One of those tools is the new State Of The STR Industry Report, a comprehensive look at the latest data and trends on STR hosts and managers, tech, regulations, and local policy. In today’s episode, we do a deep dive into the report and all the lessons you can take away from it.

We talk about the report’s most surprising findings, common misconceptions about STRs, and how to get involved in your local government to make your voice heard on housing ordinances. Alexa and Dave shed light on the most common challenges STR hosts face — plus the biggest win-win opportunities.

This enlightening conversation makes us even more excited about the future of the hosting industry.

(00:01:08) #STRShareSunday: @the.bungalow.butlers

(00:05:28) Introducing Rent Responsibly

(00:09:05) The State Of The STR Industry

(00:15:01) The Report’s Most Surprising Findings

(00:21:46) Why STRs Are About More Than Money

(00:31:56) How To Stay Updated On Your Local Ordinances

(00:34:02) The Biggest Challenges STR Hosts Face

(00:38:00) What Hosts Can Do To Move The Mission Forward

(00:46:51) How To Create Your Own Marketing Buzz

Resources:

• Click here for full show notes

• Rent Responsibly: rentresponsibly.org

• Get the State Of The Industry Report: rentresponsibly.org/2024-sstri/

• Learn more about Brumby McLeod, PhD: thanksforvisiting.com/podcasts/363/

• #STRShareSunday: @the.bungalow.butlers

• Submit your property for our next #STRShareSunday at strshare.com

• Video: Every Airbnb Host NEEDS These House Rules

• Airbnb Essentials Checklist: hostchecklist.com

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Superhog | Visit superhog.com/thanks-for-visiting and book your FREE demo today!