EP127: Airbnb Hosting Tips from a Superhost and a Side Hustler
Summary
This is a collection of podcast episodes discussing various aspects of Airbnb hosting and revenue management. Topics include superhost advice, revenue management strategies, and CEO-level focus for STR businesses. Hosts can gain valuable insights into optimizing their business operations and increasing revenue.
Key Insights
- •Reviewing every booking reveals pricing and demand signals.
- •STR pricing is dramatically harder than hotel pricing.
- •Small daily price changes can increase exposure on OTAs.
- •How product uniqueness turns every listing into its own “mini hotel”.
- •Why STR rate drops must be deeper near arrival.
- •Revenue management must be scheduled, not reactive.
Action Items
- ✓Review pacing on a weekly basis using Market Penetration Index (MPI).Effort: lowImpact: medium
Tools & Resources
- →Airbnb: Utilize the Airbnb messaging system to keep a record of your correspondence.
- →Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com)
Common Mistakes
- ⚠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.
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Curated by Learn STR by GoStudioM