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The income Luis earns from his Airbnb rental is paid in dollars into a digital account on US payment platform Payoneer, he said. Argentine hosts on Airbnb can receive payments to a local or overseas bank account as well as Payoneer and Paypal, options on one host's account reviewed by Reuters showed and Airbnb confirmed. Airbnb told Reuters in a statement that guidance published on its website advised hosts to register their short-term rental properties with Argentine authorities. Argentine tax authority AFIP said that it "always encourages people to declare" income. The Buenos Aires tourism department told Reuters, however, that just 570 properties were listed on the city's register of short-term rentals in June.

Persons: Luis, Airbnb, Payoneer, AFIP, Ramiro Raposo, AIRBNB, Ariel Yeger, Gaston Levy, Gustavo, Ana Maria Ianni, Ianni, Anna, Catherine Brigida, Adam Jourdan, Suzanne Goldenberg Organizations: Reuters, Argentine, Paypal, Internal Revenue Service, PayPal, AirDNA, Airbnb, Peronist, Thomson Locations: BUENOS AIRES, Airbnb, Buenos Aires, Argentina, Argentine, United States, Senate's

☆ Wall St sees bargains and lure of Europe buoying cruise, hotel earnings
▼ + stars: | 2023-07-24 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +4 min

Passenger ticket and onboard spending revenue is expected to increase 66% and 36%, respectively. Cabin bookings in the second quarter were up 58% compared to this time last year. For Carnival, booking volumes in the second quarter were 17% higher than in 2019, Carnival CEO Josh Weinstein told investors in June. Meanwhile, investors will be watching if record nightly rates for on-shore accommodations can offset revenue in the second quarter. Hotel and short-term rental rates were about 18% and 35% more expensive in the second quarter than in 2019, according to analytics firms CoStar and AirDNA.

Persons: Brandt Montour, McKinsey, Sylvia Jablonski, Patrick Scholes, Josh Weinstein, AirDNA, Hilton, Doyinsola Oladipo, Granth, Susan Heavey Organizations: YORK, Investors, Hilton Worldwide Holdings, Royal Caribbean Cruises, Barclays, Royal, Carnival Corp, Cruise Line Holdings, Airlines, Cruises, Cruise, Truist Securities, Thomson Locations: Europe, United States, AirDNA . U.S, Asia, New York, Bangalore

☆ 10 under-the-radar towns Airbnb and Vrbo hosts should consider for their next rental
▼ + stars: | 2023-07-15 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

But it's a cruel summer for short-term rental hosts, as many vacationers are seeking out lower nightly rates and last-minute bookings, putting pressure on hosts in busier markets. To compile the report, AirDNA looked only at locations with between 100 and 500 whole-home listings with between one and five bedrooms. These spots proved a "happy middle ground" of established destinations that are not yet "name-brand" vacation spots, AirDNA Director of Enterprise Marketing Dillon DuBois told Insider. The higher a location's yield, the higher it ranked. AirDNA supplied all figures except for average home prices, which are from Zillow and used by AirDNA in its ranking.

Persons: Vrbo, AirDNA, Dillon DuBois, DuBois Organizations: Service, Enterprise Locations: Niagara Falls , New York, Geneva , Ohio, Wall, Silicon, Wisconsin , Mississippi , Ohio

☆ 10 US beach cities where the average host can make $200,000 or more per year
▼ + stars: | 2023-07-13 | by ( Dan Latu | ) www.businessinsider.com time to read: +2 min

These 10 US beach locations are expected to be rental hot spots this summer, according to AirDNA. Analytics firm AirDNA projects the average host can bring in $200,000 or more in these locations. The list calculates how often the average host is booked (average occupancy) and how much the average host is charging (average daily rate) to arrive at the annual revenue potential. The most iconic beach states — California and Florida — dominate the list with spots like Destin, Florida, and Monterey Bay, California, along with cities like Miami and San Diego. In all locations, AirDNA projects the average host could bring in around $200,000 or more this year.

Persons: Vrbo, Hilton Organizations: Service Locations: AirDNA . California, Florida, South Carolina, Wall, Silicon, — California, Destin , Florida, Monterey Bay , California, Miami, San Diego, , South Carolina

☆ A certain type of vacation home is struggling to stay booked this summer: the outdated, mid-tier listings on Airbnb and Vrbo
▼ + stars: | 2023-07-02 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

The high end and low end of listings are getting booked this summer, Airbnb managers told Insider. It's a listing stuck in the mediocre middle and, during the most competitive summer for hosts in the past three years, it's not getting booked. Kenworthy said these properties have been 80% booked this summer, running higher than the projected average of 56%. Budget travelers this summer have 'Champagne tastes on a beer budget'Meanwhile, with an abundance of listings to choose from, budget travelers are perusing with high expectations. Hosts said, for many of the listings getting stuck in the mediocre middle, it comes down to aesthetics.

Persons: —, it's, Jamie Lane, They're, Ric Kenworthy, Kenworthy, Katie Kay Mead, Mead, aren't, Lane Organizations: Phoenix, Service Locations: Arrowhead, California

☆ It's a cruel, unpredictable summer for Airbnb and Vrbo hosts — but it also might be the new normal
▼ + stars: | 2023-06-24 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Americans are still booking short-term rentals for the summer at record rates, beating expectations. But the growing pool of Airbnb and Vrbo hosts means some hosts are seeing revenue drop up to 18%. Americans are still voraciously booking short-term rentals, despite economic uncertainty — and are even outpacing expectations. In January, analytics site AirDNA forecasted demand for short-term rentals, as measured by nights booked, would grow by 5% in 2023. "Travel brands and the service economy have outperformed expectations, and short-term rentals are no different," said Jamie Lane, chief economist at AirDNA.

Persons: —, Jen Kelman, Jamie Lane, Katie Kay Mead, Mead, it's, Kelman, Melinda Johnson, We're, Johnson, She's, she's, I'm Organizations: Service, Phoenix, AirDNA Locations: Arizona, Arrowhead , California, Tennessee, Smoky

☆ The battle over short-term rentals is heating up in Montana. 4 locals share which side they're on and why.
▼ + stars: | 2023-06-23 | by ( Dan Latu | ) www.businessinsider.com time to read: +9 min

The number of short-term rentals in Bozeman, Montana, nearly doubled between 2020 and 2023. The number of short-term rentals in town nearly doubled during the pandemic, according to analytics site AirDNA. Finegan said banning short-term rentals is "one of the most impactful things in our control" to create more affordable housing for locals. He dismissed banning short-term rentals because of rowdy or unclean guests, calling those arguments a "red herring" often drawn up against hosts. Larsen said she would support a ban on whole-home short-term rentals.

Persons: —, Bozeman, Benjamin Finegan, Finegan, Angas Reid, Michael Rutkowksi, Rutkowski, he's, Jason Ridgway, Ridgway, it's, Reid, there's, Angas Reid Ridgway, Wynona Larsen, Larsen, " Larsen, she'll, she's Organizations: Service, Time Magazine, Bozeman Tenants United, Bozeman, Walmart Locations: Bozeman , Montana, Bozeman, Aspen, Atlanta , U.S, Airbnb, Paradise, Montana, Livingston , Montana, Livingston

☆ A 34-year-old created 2 bachelorette-themed Airbnbs that have brought in a combined $243,000 this year. Take a look inside the successful listings that he spent months and hundreds of thousands of dol
▼ + stars: | 2023-06-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Kent He bought his first investment property in 2021 and turned it into a bachelorette-themed Airbnb. He and his wife bought their first investment property in August 2021 and spent three months converting it into a bachelorette-themed Airbnb. He owns three investment properties, two of which are bachelorette-themed Airbnb properties in Scottsdale. The bachelorette-themed Airbnb includes a beauty bar. Courtesy of Kent HeWhen Airbnb users have so many options to choose from, you want your property to stand out.

Persons: Kent, Scottsdale , Arizona —, PriceLabs, He, Kent He, — Locations: Scottsdale , Arizona, Scottsdale, niching

☆ A 34-year-old who achieved financial independence and quit his day job after setting up 2 bachelorette-themed Airbnbs in Scottsdale explains how he uses data to find 'outsized opportunities'
▼ + stars: | 2023-05-28 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

When Kent He decided to invest in short-term rentals, he started looking at data. To find a market to invest in, he looked at rental demand using AirDNA. It took about six months from the time he started looking at markets to when he closed on his first property. In this particular example, the rental demand score is 81. In 2021, when he first started looking at markets, "the demand was right around 66 to 68," he noted.

☆ A 27-year-old started 'Airbnb arbitrage' after getting laid off during the pandemic. He explains how he got his first rental with $6,400 upfront and scaled to 25 units in less than 2 years.
▼ + stars: | 2023-05-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

After being laid off in March 2020 Nathan and Taniera Turner started looking into real estate. Today, they have 25 Airbnb units in three different states, plus an Airbnb cleaning business. They continued working with the client, who owned six Airbnb units total, and started learning more about the hosting side of the business. "They were telling us about their journey and how they were able to quit their jobs from doing Airbnb," said Turner. Moving to Houston and using rental arbitrage to set up an Airbnb rental with $6,400The Turners continued picking up clients and cleaning Airbnb properties in Louisville.

☆ House swaps and dog walks: Travelers find cheaper alternatives to lodging
▼ + stars: | 2023-05-22 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +4 min

About one night in a hotel, along with the time she spent walking dogs, watering plants and changing litter boxes. Some are taking road trips instead of flying or booking a budget hotel room. Travelers in March booked 21 million short-term rental nights, the highest number of future nights booked on record, according to AirDNA. MORE TRAVELERS ON A BUDGETU.S. travel companies have taken notice, beefing up economy-level options to draw in growing numbers of cost-conscious travelers. Hotel operator Hilton (HLT.N) in January announced a new economy hotel brand, Spark, aimed at budget travelers and told investors in April it was working on a lower-end extended stay brand.

☆ Airbnb has descended on America's small cities. Now locals must decide how to contain it.
▼ + stars: | 2023-04-24 | by ( Dan Latu | ) www.businessinsider.com time to read: +11 min

In cities both small and large, some locals are calling out short-term rentals for making housing more expensive. The same question is perplexing local governments and fueling impassioned locals to weigh in: What should we do about Airbnb-style, short-term rentals? Jacob Boomsma/Getty ImagesFor Bozeman Tenants United, it's simple math: Bozeman homes should be occupied by Bozeman residents first, before out-of-towners. Formed in 2020, Bozeman Tenants United surveyed Bozeman residents on the most pressing issues in local housing and landed on short-term rentals. Fire Thunder said the increase of short-term rentals and vacation-owned properties is just one harbinger of a concerning trend.

☆ The next threat to Airbnb: Superhosts want to leave the platform and take their listings with them
▼ + stars: | 2023-04-08 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

Hosts want to cut out the middle manTop hosts have spoken out recently about their desire to leave the platform. In December, influencer couple Sara and Tony Robinson told Insider they were planning to "quit" Airbnb and funnel their $1.3 million portfolio into direct bookings. (The couple would still leave a few of their 22 listings on the platform, they said.) Alaska resident Amie Somer echoed the Robinsons in her insistence on using direct bookings for her $1 million Arizona home, where she landed $50,000 in bookings in her first year. "I don't want all my eggs in one basket," she told Insider.

☆ The battle over Airbnb has hit a breaking point
▼ + stars: | 2023-03-22 | by ( James Rodriguez | Dan Latu | ) www.businessinsider.com time to read: +16 min

"We started panicking and started connecting with other folks who we know have short-term rentals," Sullivan told Insider. Rather than a collapse of the industry, the increasingly bifurcated state of the market — a bust for some, a boom for others — is a clear sign that we have hit a turning point in the long-running battle over short-term rentals. Given the sharp rise of short-term rentals there, some local lawmakers have recently called for amending the law. Investors jumped in to capitalize on the boom, and the market soon became saturated with short-term rentals. There's one thing pretty much everyone can agree on: Short-term rentals are here to stay.

☆ The 'Airbnbust' proves the Wild West days of online vacation rentals are over
▼ + stars: | 2023-03-22 | by ( James Rodriguez | Dan Latu | ) www.businessinsider.com time to read: +16 min

"We started panicking and started connecting with other folks who we know have short-term rentals," Sullivan told Insider. Given the sharp rise of short-term rentals there, some local lawmakers have recently called for amending the law. But short-term rentals are often essential to a healthy tourism economy, particularly in vacation destinations. Investors jumped in to capitalize on the boom, and the market soon became saturated with short-term rentals. There's one thing pretty much everyone can agree on: Short-term rentals are here to stay.

☆ An Arizona homeowner who made $12,000 a month renting out her house reveals why she quit Airbnb and relies on Vrbo instead
▼ + stars: | 2023-03-10 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

An Arizona homeowner who listed her home on Airbnb for three years is leaving the platform. The Arizona homeowner joins other short-term-rental owners and managers who have expressed dissatisfaction with Airbnb as a booking platform. The Arizona homeowner said the specter of a slowdown also played a part in her decision to leave the platform. The Arizona homeowner said she believes seven days' notice is too little to adequately re-book the property. It puts a lot of pressure on hosts, the Arizona homeowner said.

☆ U.S. travel companies experience high demand but economic worries cloud outlook
▼ + stars: | 2023-02-24 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +3 min

NEW YORK, Feb 24 (Reuters) - Fears of recession and the impact of inflation on consumer budgets could curb a rebound in travel demand reported by U.S. travel companies in the fourth quarter, although bookings are holding up so far this year, analysts said. U.S. travel spending in December 2022 totaled $97 billion, 3% above 2019 levels and 7% above 2021 levels, according to the U.S. Travel Association. The demand contrasts with declining home improvement sales and other discretionary purchases that have hurt furniture stores and retailers like Home Depot. International travel spurred demand growth for Airbnb and Marriott International Inc (MAR.O) in the fourth quarter. Group bookings are still down 15% compared to pre-pandemic levels, while headwinds in several industries continue to affect business travel, said Truist's Scholes.

☆ Travel demand is hot, but some prices may cool: These are the stocks for spring break and beyond
▼ + stars: | 2023-02-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +9 min

Last week, Hilton Worldwide CEO Chris Nassetta said, "The demand trends here and now are really strong." In the home-rental space, Airbnb also said it was seeing continued strong demand at the start of 2023. China's reopening from its Covid lockdown is also helping propel travel demand, as well as the tick up in business travel, she said. "The trends have been really strong since January," he said. Airlines like Delta, American Airlines and United Airlines cited strong travel demand and higher fares for fueling their strong fourth-quarter earnings — as well as for forecasts for this year.

☆ Airbnb Puts Worries to Bed for Now
▼ + stars: | 2023-02-15 | by ( Laura Forman | ) www.wsj.com time to read: +1 min

Airbnb is forecasting that daily rates will ‘face increasing downward pressure’ this year. In travel, the winners were homestay platforms such as Airbnb . Domestically, average daily rates were up more than 30% in December versus the same period in 2019. But with inflation slowing and a possible recession looming, homestay pricing dynamics appear to be changing. Average daily rate growth in mountain and lake destinations was up less than 1% year on year in December, and the company forecasts pricing growth could turn negative in future months.

☆ Where Have All the Short-Term Renters Gone? To the Desert
▼ + stars: | 2023-02-14 | by ( Jessica Flint | ) www.wsj.com time to read: 1 min

For the past year, short-term rental booking demand in U.S. deserts has been particularly hot. According to data from short-term rental analytics firm AirDNA, Arizona’s Phoenix and Scottsdale area, the home of the 2023 Super Bowl, has seen a huge increase in booking demand, up 41% year-over-year, as of December 2022. This Sonoran Desert location has also seen an uptick in rental supply, with 23,249 listings in December 2022, up 47% year-over-year. These dynamics have pushed the area’s occupancy rate down 6%. A similar trend has been playing out in other desert destinations such as California’s Coachella Valley, where the Sonoran eventually meets the Mojave Desert, and in Marfa, Texas, in the Chihuahuan Desert.

☆ 7 hidden-gem cities and towns to buy an Airbnb in this year
▼ + stars: | 2023-02-13 | by ( Dan Latu | ) www.businessinsider.com time to read: +2 min

They were picked for their high rate of bookings, growing revenue, affordability, and regulations. The list of 25 cities and towns captures destinations with "momentum," said AirDNA economist Jamie Lane. This year, the team also responded to the growing wave of regulations cities and towns are putting on short-term rentals. Locations like Burlington, Vermont and Madison, Wisconsin, for example, were removed because of new rules that limit who can own short-term rentals or require month-long stays. The list, however, is mostly dominated by midsized cities in the Midwest, where home prices are cheaper than in more expensive coastal cities.

☆ A manager of 95 Phoenix Airbnbs is stunned that half his homes are empty over Super Bowl weekend. Is it the latest Airbnbust?
▼ + stars: | 2023-02-10 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Phoenix Airbnb hosts were expecting to be fully booked over Super Bowl weekend. Take a prime three-bedroom two-bathroom home that Kenworthy manages in Scottsdale, a suburb of Phoenix that actively prepped for a wave of Super Bowl visitors. The Super Bowl is being held at State Farm Stadium in Glendale, Arizona. Christian Petersen/Getty ImagesThere are even signs of a recent surge in listings in response to the Super Bowl hype. While Phoenix will continue to be a popular vacation spot, Harvey predicts the Super Bowl disappointment will motivate some owners to sell their short-term-rental properties.

☆ How Much Will It Cost to Stay in Greater Phoenix for Super Bowl Weekend? (Hint: Much More Than Last Weekend)
▼ + stars: | 2023-02-08 | by ( Jessica Flint | ) www.wsj.com time to read: 1 min

The average ticket price to attend the 2023 Super Bowl in Glendale, Arizona, in the greater Phoenix area, is hovering around $9,000, according to secondary market ticket platform TicketIQ. If it costs that much to get in the door to watch the Philadelphia Eagles play the Kansas City Chiefs, how much will fans be ponying up to stay in a vacation rental near State Farm Stadium? According to short-term rental analytics firm AirDNA, the average booked rate in Glendale in advance of Super Bowl weekend was around $740 per night. This is compared to last weekend, when travelers could book a short-term rental in Glendale for closer to $225 per night.

☆ How Much Will it Cost to Stay in the Phoenix Area for Super Bowl Weekend? (Hint: Much More Than Last Weekend)
▼ + stars: | 2023-02-08 | by ( Jessica Flint | ) www.wsj.com time to read: 1 min

☆ Airbnb hosts' latest trick to draw more bookings: $0 cleaning fees
▼ + stars: | 2023-01-28 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

Airbnb guests griped last year over cleaning fees added after they picked a place but before paying. Still, some hosts say explicitly advertising $0 cleaning fees helps increase bookings. More than two months after the change took effect, some Airbnb hosts told Insider they still saw resentment lingering among travelers. The hosts told Insider it seemed to generate interest in their rentals and even increase bookings during a tough time for some short-term-rental owners. Dan Latu/InsiderMelissa Hughes has never imposed cleaning fees at her goat farm in Tallahassee, Florida.

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