EP010: Rochelle Short, Author of Letting People In and Airbnb host in Seattle
Summary
This article is a collection of podcast episode summaries discussing various aspects of STR revenue management, CEO strategies, and comparing hotel versus STR pricing. Hosts should learn to implement daily and weekly pricing routines, understand key performance indicators and improve operational efficiency.
Key Insights
- •Revenue management must be scheduled, not reactive.
- •STR pricing is dramatically harder than hotel pricing.
Action Items
- ✓Review every booking to identify pricing and demand signals.Effort: lowImpact: medium
- ✓Identify and address business bottlenecks in your STR operations.Effort: mediumImpact: high
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com)
Common Mistakes
- ⚠Most hosts 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.
- ⚠Fixing symptoms instead of root issues keeps teams overwhelmed.
More from Pricing & Profitability
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Realtor.com's report on best mountain towns for Airbnb returns reveals key locations for STR investment. The analysis likely includes data on occupancy rates, ADR, and RevPAR to identify profitable markets. Understanding these trends helps hosts optimize pricing strategies and choose lucrative destinations.
Curated by Learn STR by GoStudioM