Insight
Smaller markets like Kansas City, Boston, Seattle, and Philadelphia may outperform larger cities during the FIFA World Cup.
EP049: Airbnb Hosting in Lake Atitlan, Guatamala, with Jeanne Mendez
Summary
This article discusses the importance of revenue management in short-term rentals, highlighting the need for scheduled pricing routines and understanding booking behaviors. It also emphasizes the shift in a CEO's focus as a business scales and how to avoid the 'hectic host' stage. Finally, it explores the complexities of STR revenue management versus hotel revenue management, and provides insight on how to optimize pricing and leverage major events like the FIFA World Cup.
Key takeaway