Insight
STR pricing is dramatically harder than hotel pricing due to product uniqueness, fragmented demand, and operational constraints.
EP218: This Week in the World of Airbnb
Summary
This article from Get Paid For Your Pad covers various aspects of STR operations, including revenue management, CEO focus, and the differences between hotel and STR revenue management. Hosts should pay attention to revenue management routines, CEO time allocation, and operational strategies to improve profitability.
Key takeaway