Articles
This article discusses revenue management strategies for short-term rentals, emphasizing the need for structured routines, analyzing booking data, and understanding the differences between hotel and STR pricing. Hosts should focus on daily and weekly pricing reviews, understand booking windows, and recognize how operational constraints impact pricing. It also discusses the impact of the FIFA World Cup on STR demand.
This article highlights the importance of carefully reviewing the fine print when hosting on Airbnb to avoid potential penalties. It implicitly warns hosts to understand Airbnb's terms of service and associated regulations. Understanding these details can prevent unexpected fines and ensure compliance with platform rules.
This article is a compilation of insights from various episodes of the "Get Paid For Your Pad" podcast, discussing revenue management strategies, CEO focus in STR businesses, the differences between hotel and Airbnb revenue management, and managing operational overwhelm. Hosts can benefit from these insights by refining their pricing strategies, understanding operational constraints, and focusing on high-impact tasks to improve their STR business performance. Consider implementing daily and weekly pricing routines and evaluating your business bottlenecks to improve.
This article discusses revenue management strategies for short-term rentals, emphasizing the importance of a structured pricing routine and analyzing booking data. Hosts can improve profitability by scheduling revenue management, reviewing bookings, and making small, consistent price changes. It also explores strategic CEO focus and the challenges of the "hectic host" stage.
This article discusses revenue management strategies for short-term rentals, comparing them to hotel practices. It highlights the importance of daily and weekly pricing routines, analyzing booking behavior, and understanding the unique challenges of STR pricing to optimize revenue. Hosts should schedule revenue management, review bookings, and consider how factors like booking windows and minimum stays impact pricing.