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AirDNA: US short-term rental industry thrived in record year in 2021

AirDNA

Reading Time: 2 minutesUS: The December review released by short-term rental data and analytics provider, AirDNA, shows that 2021 was the best ever year for short-term rentals in the United States, ending well despite a slight dip in the demand growth from 2019 in December [+12.9 per cent vs. +14.3 per cent in November], as the Omicron variant made […]

Summer travel predictions for urban + non-urban operators

urban

Reading Time: 3 minutesUS: Luke Bujarski, co-founder of Extenteam, examines the latest labour market data and takes lessons from previous years of the pandemic to project travel trends and implications for rental operators in urban and non-urban markets. This article reflects on the core findings from Extenteam’s recently published State of the U.S. Accommodations Workforce Report 2022 Predictions […]

Washington DC to initiate short-term rental restrictions

Washington

Reading Time: 2 minutesUS: Washington DC has begun enforcing a short-term rental law passed three years ago that will require hosts to obtain a licence and limit the amount of time homeowners can rent out their properties through booking platforms in a year. Originally passed by the DC Council at the end of 2018, the law has only […]

Airbnb sanctioned for “violation” of US Cuba embargo

Cuba

Reading Time: 2 minutesUS / Cuba: Airbnb Payments, a unit of Airbnb, has agreed to a settlement with the US Treasury Department for alleged violations of US sanctions against Cuba.  According to the Treasury Department’s Office of Foreign Assets Control [OFAC], the home-sharing firm will remit $91,172.29 to “settle its potential civil liability for apparent violations of sanctions […]

AirDNA: US rentals report new booking patterns and rural success

AirDNA

Reading Time: < 1 minuteUS: The latest monthly review released by short-term rental data and analytics provider, AirDNA, shows that November saw a surge in US short-term rental demand, with booked nights up 14.9 per cent compared to November 2019, benefiting from a strong Thanksgiving week [+22.7 per cent]. The Omicron variant has caused a pullback in demand, down […]