EP106: Airbnb Hosting in Taiwan with Angela Huang
Summary
This article is a collection of podcast episode summaries from the "Get Paid For Your Pad" podcast, discussing revenue management, CEO strategies, and the differences between hotel and STR revenue management. Hosts can learn how to structure their pricing routines and identify bottlenecks in their business.
Key Insights
- •Most hosts underperform not because they lack tools, but because they don’t know what to look at, when to look at it, or how to interpret booking behavior once it shows up.
- •Product uniqueness turns every listing into its own “mini hotel”.
- •STR CEOs waste 30 to 50 percent of their time on low-value activities.
- •STR pricing is dramatically harder than hotel pricing due to product uniqueness, booking windows, operational constraints, and forecasting volatility.
Action Items
- ✓Identify whether a problem is worth solving right now. Let small fires burn to stay focused on bigger picture.Effort: lowImpact: medium
- ✓Review bookings daily to reveal pricing and demand signals, and consistently review pricing routines.Effort: lowImpact: medium
- ✓Rethink priorities and identify true bottlenecks in your STR business.Effort: mediumImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com/)
Common Mistakes
- ⚠The biggest revenue mistake most STR operators make isn’t their pricing tool… but the lack of a daily and weekly pricing routine.
- ⚠Operators chase “squirrels” instead of closing the hole in the roof, leading to hectic host stage.
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Curated by Learn STR by GoStudioM