Legends X Accelerator Program Open For Applications
Summary
This article discusses episodes from the 'Get Paid For Your Pad' podcast. Specifically, episode 398 focuses on the Legends X Accelerator program and how it helps hosts grow their STR businesses, including topics like revenue management, CEO strategies, and comparing hotel vs STR revenue strategies. Hosts can consider applying to the Legends X Accelerator, and/or listen to the episodes for insights on revenue and business strategy.
Key Insights
- •The article discusses key areas covered in the Legends X Playbook including guest communication, property onboarding, cleaning management, and hiring systems.
- •STR rate drops must be deeper near arrival.
- •Most STR operators underperform not because they lack tools, but because they don’t know what to look at, when to look at it, or how to interpret booking behavior once it shows up.
- •STR operators stay stuck in the hectic host stage even as they grow.
- •STR revenue management must be scheduled, not reactive.
- •The article suggests that being busy does not mean your STR business is progressing.
- •The Legends X Accelerator program has a 100% success rate in helping participants get results from their online courses.
- •Product uniqueness turns every listing into its own “mini hotel”.
Action Items
- ✓Identify whether a problem is worth solving right now.Effort: lowImpact: medium
- ✓Hosts interested in growing their Airbnb business can apply for the Legends X Short-Term Rental Accelerator.Effort: mediumImpact: medium
- ✓Hosts should develop a consistent revenue management routine.Effort: mediumImpact: high
- ✓Review every booking to reveal pricing and demand signals.Effort: lowImpact: medium
- ✓Identify the biggest bottleneck in your STR business.Effort: mediumImpact: high
Tools & Resources
- →Hostfully: The article mentions a sponsor Hostfully with a discount code PAD.
- →strlegends.com/x: The article mentions the website where you can apply for the Legends X Accelerator, https://www.strlegends.com/x.
- →Freewyld Foundry Report: The podcast episode suggests getting a free revenue review at https://www.freewyldfoundry.com/report.
Watch Out For
- ⚠STR operators can rely on last-minute demand but cannot with STRs.
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