EP030: Kyle Bowman, Founder of Evermore, Shares His Airbnb Hosting Experiences

Get Paid For Your Pad
Published: October 20, 2014
Pricing & Profitability

Summary

This article is a collection of podcast episode summaries from "Get Paid For Your Pad" covering various aspects of STR revenue management, CEO focus, and pricing strategies, including specific insights into the 2026 FIFA World Cup. Hosts should pay attention to revenue management best practices, strategic CEO focus, and how upcoming events like the World Cup can impact pricing and demand.

Key Insights

  • The FIFA World Cup match schedule release is likely to produce the strongest ADR lift, and some cities may see modest lift while others could experience extreme ADR spikes and rapid sellouts.
  • STR pricing is dramatically harder than hotel pricing due to product uniqueness and operational constraints.
  • Booking windows and pacing strategies significantly shape revenue in STRs, a factor that hotels rarely deal with.

Action Items

  • Prepare for a booking surge from the FIFA World Cup and adjust pricing accordingly.
    Effort: medium
    Impact: high
  • Review every booking to reveal pricing and demand signals.
    Effort: low
    Impact: medium
  • Pay attention to early bookings as they can indicate 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)

Common Mistakes

  • STR operators can underperform if they don’t know what to look at, when to look at it, or how to interpret booking behavior.
  • Hosts make a pricing mistake when they try to fill early instead of letting demand mature during events like the FIFA World Cup.

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