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Why 2022 Is Going to Be a Huge Year for STRs (Ep439)

Airbnb had a record-breaking Q3 in 2021. And based on current economic and cultural trends, we think the short-term rental industry is in for an even bigger year in 2022.

So, what is going on in the world that influences your STR business? And what can you do to capitalize on these trends and have a record-breaking year of your own?

On this episode of Get Paid for Your Pad, Eric and I explain why 2022 is going to be a huge year for short-term rentals, sharing Brian Chesky’s thoughts on the future of travel and describing how the trend toward working from home is likely to impact the industry.

We weigh in on some of the STR startups that raised big money in 2021 and discuss how inflation is inspiring investors to put their capital in short-term rentals.

Listen in to understand why we’re all-in on converting old vacation rentals into unique, modern STR experiences and learn how to use feedback from your Airbnb reviews to promote your listings and identify new investment opportunities!

Topics Covered

  • Brian Chesky’s insight on why the future of work is the future of travel
  • How the trend toward working from home is likely to impact the STR industry
  • Brian Chesky’s tweet asking the Airbnb community for feedback
  • How the popularity of local travel is changing STR guest expectations
  • Using feedback from Airbnb reviews to promote your listings and identify investment opportunities
  • Some of the STR startups that raised big money in 2021
  • Our plans to raise money through investors and grow Freewyld in 2022
  • Why we believe the biggest opportunity in short-term rentals is converting old vacation rentals into unique, modern STR experiences
  • How inflation is inspiring investors to put money in short-term rentals
  • How the shift away from crowded hotels favors the STR industry

Resources

Why the Future of Work Is the Future of Travel, with Airbnb CEO Brian Chesky on Decoder with Nilay Patel

Owl Labs State of Remote Work Survey

Brian Chesky’s Tweet

Get Paid for Your Pad: How to Maximize Profit from Your Airbnb Listing by Jasper Ribbers and Huzefa Kapadia

AvantStay’s $160M Raise

HomeRoom

HomeRoom’s $1M Raise

US Inflation Rate

Jason Hartman on Get Paid for Your Pad EP370

citizenM

Get Paid for Your Pad Email List

Legends X Short-Term Rental Accelerator

STR Legends Mastermind

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

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