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May 28th, 2026

Good evening STR Report Community!

In today’s issue, you will find:

📱Today’s Article: The Hidden Profit Leak Most STR Owners Never Fix 💸

📈 Trending Market Highlight: Ely, Minnesota

✉️ STR News: Airbnb Is Recruiting Creators to Build Out Its Experiences Business and more

🌊 Unique Airbnb of the Week

🏫 Subscriber Perks: Go Live Playbook, including: Beginner’s Guide E-Book, Guest Communication Messaging Templates, Airbnb Welcome Guide Template, STR Buy Box Template, & Tax Savings E-Book

Community Perks: Top-Tier Property Management, Personal Airbnb Investment Finder, STR Loans & More, and End-to-End Boutique Hotel Solutions

📬 See our collection of newsletters here: Prior Newsletters

🧠 Your Property Might Not Be the Problem

A lot of short-term rental owners assume low profits come from seasonality, competition, or platform algorithms.

But in reality?

Many STRs lose thousands simply because the property was never built to operate efficiently.

Poor layouts. Cheap materials. Constant maintenance issues. Slow turnovers. Features guests don’t actually value.

Over time, these small inefficiencies quietly destroy margins.

The highest-performing rentals aren’t just attractive — they’re strategically built to reduce friction, improve operations, and increase guest satisfaction at the same time.

🛠️ Why Smart Owners Invest in the Property Itself

The most successful STR investors understand something important:

Every upgrade should either increase revenue, reduce operational headaches, or ideally… both.

That’s why experienced operators work with renovation teams that understand the business side of short-term rentals — not just construction.

The right improvements can help owners:

  • Reduce maintenance and long-term repair costs

  • Improve cleaning efficiency and turnover speed

  • Create spaces that photograph better and convert more bookings

  • Add features guests willingly pay premium rates for

It’s not about spending more.

It’s about investing smarter.

📈 The Difference Between Cosmetic Renovations and Strategic Upgrades

Most contractors renovate homes.

STR-focused teams optimize investments.

That distinction matters.

Instead of generic remodels, every decision is made around guest behavior, operational efficiency, and long-term profitability.

That includes:

  • Designing spaces that hold up to heavy guest traffic

  • Selecting finishes and layouts built for durability and easier maintenance

  • Prioritizing upgrades with proven ROI potential

  • Managing projects with clear communication and accountability

The goal isn’t simply to make the property look better.

It’s to make the property perform better.

💡 What Happens When Your Property Runs Smarter

When your STR is optimized correctly, the results compound quickly.

You can:

  • Increase profitability without relying solely on occupancy

  • Spend less time dealing with operational issues

  • Create a smoother guest experience that leads to stronger reviews

  • Build a property that scales more sustainably over time

The best STRs don’t just generate income.

They operate like efficient businesses.

🚀 Ready to Build a Higher-Performing Rental?

If you want your short-term rental to produce stronger returns long-term, strategic upgrades can make all the difference.

The right construction partner helps you improve the property with purpose — so every improvement supports revenue, efficiency, and guest experience.

👉 Want to see where your property may be leaving money on the table?

Disclaimer: Some of the products, services, or partners featured in this newsletter may be part of a paid sponsorship. We only promote companies we trust and believe can bring value to our readers.

Ely, Minnesota

Downloadable Ely, Minnesota Short-Term Rental Market Report

Ely STR Market Report.pdf

Ely STR Market Report.pdf

5.47 MBPDF File

  • Average Daily Rate (ADR): $239 per night

  • Occupancy Rate: 50%

  • Annual Revenue Potential: Around $51,316.67 per year

Read our full Ely, Minnesota Short-Term Rental Market Report attached above.

📬 See our collection of 120+ market reports here: Prior Trending Market Reports

✈️ Airbnb Is Recruiting Creators to Build Out Its Experiences Business
Airbnb is signing up hundreds of social-media content creators to host paid experiences on its platform, CEO Brian Chesky told Skift during a media roundtable at the company's annual summer release event in San Francisco this week.

📱Booking Holdings launches BKNG Ads across Booking.com, Priceline and Agoda
Booking Holdings has launched BKNG Ads, a new unified advertising platform bringing together advertising solutions across Booking.com, Priceline and Agoda.

💵 Mews partners with Uber to bring ride booking into hotel operations
Hospitality platform Mews has announced a new partnership with Uber that will allow hotels to book and manage guest transportation directly through the Mews operating system.

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Subscriber Perks:

📖🏡💰 Go Live Playbook

The "Go Live Playbook" is your all-in-one guide featuring a beginner’s guide e-book, messaging templates, Airbnb welcome book, STR buy box template, and tax savings tips to kickstart your short-term rental success.

Community Perks with The STR Report

🏠 Top-Tier Property Management – Lower fees, higher payouts, and premium service. Built for investors who want performance and peace of mind. See how much more your property could earn—click to get your free performance assessment.

🔎 Personal Airbnb Investment Finder – Connect with an expert to handpick profitable Airbnb properties that match your criteria. With 213+ successful deals, all cash-flowing, you’re in good hands. Take 15 seconds to fill out the form to see how all of these properties are experiencing a 10-15% Cash-on-Cash return.

🤑 STR Loans & More – Need funding for your next short-term rental? Expect expert guidance, personalized service, and the best possible rates.

🏨 End-to-End Boutique Hotel Solutions – From expert operations and guest experience optimization to full design, construction, marketing, and acquisition support, connect with end-to-end solutions built to elevate your property and maximize long-term performance. See how your hotel can reach its full potential.

Partner with Us!

If you have a project you’d like us to promote, or a product or service you’d like to share, please reach out to us at [email protected].

We appreciate you being a part of our STR community and for sharing our group with your business partners and associates. Thank you!