AirDNA Chief Economist Jamie Lane explains how experienced short-term rental property managers can offset their fees through direct bookings and professional pricing optimization.
“And we've seen that hiring a professional manager can generate higher returns than managing yourself. You're gonna have a full-time revenue manager. You're gonna have someone that is generating direct bookings. Not having to pay the fees to Airbnb and Vrbo for those bookings. So, I mean, a lot of times the right professional manager is going to actually earn you more revenue than you would have done by yourself and they can still maybe get you a return.”
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More from Jamie Lane
Insight
Lane: Renovating kitchens and bathrooms yields lowest ROI in short-term rentals
“The lowest return renovating your kitchen, renovating your bathrooms. Like those are not going to return for a short-term rental.”
Jamie LaneSep 1, 2026▶ 53:18The Mistakes with Short-Term Rentals Costing You $1000s
Opinion
Lane: Smart regulation is one of the best things for short-term rentals
“I think regulation is one of the best things that could happen to the industry, as long as it's sort of smart non-dechronian regulation, like we've seen in like New York or LA that essentially outlaw in, in all aspects.”
Jamie LaneSep 1, 2026▶ 19:44The Mistakes with Short-Term Rentals Costing You $1000s
Insight
Lane: Restrictive short-term rental regulations risk harming local tourism economies
“Short-term rentals are very restrictive now in Lake Tahoe and that can have detrimental effects to the local economy if all of a sudden, I mean, it's, I mean, high net wealth individuals that just have their second homes there that they visit once or twice a y…”
Jamie LaneSep 1, 2026▶ 23:00The Mistakes with Short-Term Rentals Costing You $1000s
Insight
Lane: Backyard string lights are the highest-ROI short-term rental addition
“Highest return thing? String lights in the backyard. It's gonna pay multiple time overs.”
Jamie LaneSep 1, 2026▶ 53:28The Mistakes with Short-Term Rentals Costing You $1000s
AssertionSupported
Lane: Most markets permit short-term rentals via standardized registration
“Most markets though have moved to this a permitting process where short term rentals are allowed. You just need to get a permit. You need to tell them where it's going to be located and who to call if there's a problem.”
Jamie LaneSep 1, 2026▶ 12:46The Mistakes with Short-Term Rentals Costing You $1000s
Insight
Lane: Rental regulations will tilt toward bans without active investor advocacy
“Once you're invested into the market, make sure that you're keeping an eye on what's happening at the local city council level or county level because you better believe that the locals that want to ban it are going to be the ones showing up. And city council …”
Jamie LaneSep 1, 2026▶ 25:21The Mistakes with Short-Term Rentals Costing You $1000s
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