EP012: Airbnb and Property Management in Medellin with Andrew Campion
Summary
This Get Paid for Your Pad episode discusses revenue management for STRs. Jasper Ribbers explains how to build a daily and weekly pricing routine, emphasizing the importance of analyzing booking behavior and market data for effective pricing.
Key Insights
- •Early bookings can indicate underpricing or upcoming events.
- •Reviewing every booking reveals pricing and demand signals.
- •Revenue management must be scheduled, not reactive.
Action Items
- ✓Review your booking data to identify patterns in pricing and demand.Effort: lowImpact: medium
- ✓Schedule a daily and weekly pricing review routine to stay ahead of the market.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com)
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