EP016: Interview w/ Aaron Kulbe, Airbnb host in Portland, Oregon

Get Paid For Your Pad
Published: August 28, 2014
Pricing & Profitability

Summary

This article discusses revenue management strategies for short-term rentals, highlighting the importance of daily and weekly pricing routines. Hosts can improve profitability by reviewing bookings, analyzing pacing, and making small, consistent price adjustments. A free revenue review from Freewyld Foundry is offered to assess potential revenue gains.

Key Insights

  • Revenue management must be scheduled, not reactive.
  • Reviewing every booking reveals pricing and demand signals.

Action Items

  • Make small daily price changes to increase exposure on OTAs.
    Effort: low
    Impact: medium
  • Review booking data to identify underpricing or upcoming events.
    Effort: low
    Impact: medium

Tools & Resources

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

Related Videos

More from Pricing & Profitability

My Airbnb made me $2,300 a month and was almost always booked. Nightmare guests made me quit hosting. - Business Insider Africa

A host reported earning $2,300 monthly on Airbnb with almost constant bookings, only to quit due to difficult guests. This highlights the financial potential of STR hosting but also emphasizes the importance of guest screening and managing guest behavior. Balancing profitability with a positive hosting experience is crucial.

2 days ago75
KC has ‘highest occupancy’ of World Cup cities. Is effort to add rentals working? - Kansas City Star

This article discusses Kansas City's high occupancy rates compared to other World Cup host cities, raising questions about the effectiveness of efforts to increase short-term rental availability. It implicitly touches on market trends and the impact of major events on the STR market. The article likely explores whether increased rental supply can meet demand while analyzing the city's approach to STRs.

2 days agoKansas City, MO75
Best Mountain Towns Where Homes Deliver the Strongest Airbnb Returns - Realtor.com

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.

2 days ago85

Curated by Learn STR by GoStudioM