EP231: How to Expand Your Airbnb Portfolio with Rented.com
Summary
This episode of Get Paid For Your Pad dives into STR revenue management, emphasizing the importance of scheduled pricing routines, analyzing booking data, and adjusting prices strategically. Hosts should prioritize consistent daily and weekly pricing reviews to maximize revenue and stay ahead of market fluctuations.
Key Insights
- •Revenue management must be scheduled, not reactive.
- •Reviewing every booking reveals pricing and demand signals.
Action Items
- ✓Make small daily price changes to increase exposure on OTAs.Effort: lowImpact: medium
- ✓Review bookings daily to identify trends in pricing and demand.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com)
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Curated by Learn STR by GoStudioM