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- Making a buck from Airbnb may get difficult - The Business Journals
Making a buck from Airbnb may get difficult - The Business Journals
Summary
This article from 2015 suggests that profitability in Airbnb may become more difficult. This news is relevant because it highlights the potential for challenges in the STR market. Hosts should consider the changing market dynamics and adapt their strategies for sustained success.
Key Insights
- •The article suggests that making money on Airbnb may become more difficult.
Action Items
- ✓Consider reviewing and adapting your pricing strategy in light of potential market changes.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to adjust to market changes could negatively impact profitability.
More from Pricing & Profitability
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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.
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.
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