🏁Office-to-STR Game Is On | 🙅♂️Barcelona’s STR Ban Adaptation Strategies | 🏠Tinder for House Swapping | 🤝Dominate Locally
The hot season is over, breathe out, dear hosts.
Welcome to our September newsletter and welcome to our 🥳 62 new subscribers!
🏁 Office-to-STR Game Is Soooo On
With urban regulations and the global slump in office space usage colliding like a couple of awkward dancers, a goldmine of chances is opening up for savvy STR and serviced apartment players. Those towering, vacant office buildings in prime city locations—where locals aren't exactly forming lines to live—are getting a stylish makeover into cozy accommodations!
For companies that know their stuff, this is an exciting new frontier.
But let’s be real: transforming office space into apartments isn’t exactly a stroll through the park. This is a task for the heavy hitters who can tackle those eye-watering price tags and complex processes. Read Leo Walton 's take on the trend.
🏃♀️ Plan Your Exit Strategy
Dave Goodfellow from Noki Stays in Chester, UK, shares how he sees his exit strategy. Hint: by buying offices in the heart of Kent, UK, and converting them into… well, enough hints already hehe. Go and listen to the episode now!
👉 Listen on Spotify https://hubs.ly/Q02Qzt1D0
👉 Listen on Apple podcast https://hubs.ly/Q02Qzt3N0
👉 Listen on YouTube https://hubs.ly/Q02Qzt7L0
Average ROI for holiday lets vs. renting out in the UK
Do you make more money renting or Airbnb leasing?
A significant number of property managers (more than 60%) leverage online travel agencies such as Airbnb, Booking.com, and Vrbo to advertise and manage their short-term rental properties.
🙅♂️ Barcelona’s STR Ban - 3 Bulletproof Adaptation Strategies to Try
While the Barcelona Airbnb ban aims to address overtourism and housing market issues, it also raises its fair share of concerns.
Even with a ban on STRs, “demand [for holiday accommodation] isn’t instantly going to go away,” Leo Walton, Superhog Co-Founder explains, adding that increased demand and reduced supply may mean that “the prices of hotels are going to go up exponentially.”
What can you do about the ban?
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🏠 “It’s like Tinder but for your home” - Ins and Outs of Home Swapping from Swaphouse Co-Founder
Keeping their Amsterdam apartment as their home base, Tobias Sweijen and his wife traveled on and off for 2 years during COVID. They were tired of spending a lot of money on vacation rentals through OTAs.
They discovered home swapping through Facebook groups. And there was no way back from this point.
The couple set out to create a platform for digital nomads, remote workers, and home swappers. With Swaphouse, they resolved three significant issues – matching the right homeowners, making sure remote workers and digital nomads have a workplace and wifi, and that their home swaps are safe and secure.
Learn how the couple managed to battle the problems and what a dating app had to do with it.
Hostshare Partners with Superhog
Hostshare , a leading platform for homeowners and investors in the short-term rental market, has announced a strategic partnership with Superhog, a pioneer in rental security and guest verification. This collaboration marks a significant step toward enhancing safety, trust, and overall user experience for both property owners and guests.
🤝 Stop Scaling, Dominate Locally with Steven Mitchinson
We chat with Steven Mitchinson — founder of North East Escapes in Whitley Bay, England. Steve tells us what a local STR shop does better than any STR giant and shares why he always chooses honesty over the promise of a moon on a string.
👉 Listen on Spotify https://hubs.ly/Q02QzwM70
👉 Listen on Apple Podcast https://hubs.ly/Q02QzwLQ0
👉 Listen on YoutTube https://hubs.ly/Q02QzwLy0
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Thanks for reading!
The Superhog Team