EP015: Real Estate Guru Taylor White Shares Amazing Tips And Advice On Buying Property Abroad

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Published: August 25, 2014
Pricing & Profitability

Summary

This article discusses revenue management strategies for short-term rentals, emphasizing the importance of scheduled routines, analyzing booking data, and making informed pricing decisions. Hosts can benefit by understanding how to leverage booking windows, identify pricing signals, and adjust strategies to maximize revenue. The article also touches on the CEO mindset needed to scale an STR business.

Key Insights

  • Early bookings can indicate underpricing or upcoming events. Last-minute inventory can tell you about demand and visibility. Small daily price changes can increase exposure on OTAs.
  • The FIFA World Cup in 2026 is expected to heavily impact demand. Some cities and matchups are likely to produce the strongest ADR lift. Cities such as Germany, Brazil, Spain, England and Argentina drive heavy international travel.
  • STR pricing is dramatically harder than hotel pricing due to product uniqueness, booking windows, operational constraints, and cancellation risk.

Action Items

  • Review every booking to reveal pricing and demand signals. Analyze early bookings to see underpricing opportunities and anticipate potential events. Analyze last-minute inventory to know demand and visibility.
    Effort: low
    Impact: medium
  • Prepare for the booking surge from the 2026 FIFA World Cup, and understand which cities are positioned for major revenue gains.
    Effort: medium
    Impact: high

Tools & Resources

  • Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com)
  • Freewyld Foundry: Get a Free Revenue Review from Freewyld Foundry(https://www.freewyldfoundry.com/report)

Common Mistakes

  • 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.

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