How to Run an Airbnb Co-Hosting Business

Get Paid For Your Pad
Published: October 25, 2018
Pricing & Profitability

Summary

This article from "Get Paid For Your Pad" discusses various aspects of revenue management, including daily and weekly pricing routines, booking behavior analysis, and the impact of the FIFA World Cup on STR demand. Hosts should implement structured revenue management practices and analyze booking data to optimize pricing and capitalize on upcoming events.

Key Insights

  • The 2026 FIFA World Cup will impact short-term rental demand, with some cities experiencing major ADR spikes and rapid sellouts.
  • Early bookings can indicate underpricing or upcoming events, and last-minute inventory tells you about demand and visibility.
  • STR pricing is dramatically harder than hotel pricing due to product uniqueness, booking windows, guest behavior, and operational constraints.

Action Items

  • Review your minimum stay rules, pricing settings, and calendar to avoid mistakes.
    Effort: low
    Impact: medium
  • Implement a daily and weekly pricing routine for revenue management, focusing on booking behavior as a pricing signal.
    Effort: medium
    Impact: medium
  • Prepare for a booking surge from the 2026 FIFA World Cup, paying attention to cities with likely strong ADR lift and the impact of the event on different countries.
    Effort: low
    Impact: high

Tools & Resources

  • Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com)

Related Videos

More from Pricing & Profitability

KC has ‘highest occupancy’ of World Cup cities. Is effort to add rentals working? - Kansas City Star

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.

1 day agoKansas City, MO75
Best Mountain Towns Where Homes Deliver the Strongest Airbnb Returns - Realtor.com

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.

2 days ago85
Airbnb offers $750 incentive for some Ga. hosts during FIFA World Cup - WRDW

Airbnb is offering a $750 incentive for some hosts in Georgia during the FIFA World Cup, potentially boosting occupancy and profitability. This program seeks to capitalize on increased demand from the international event, offering financial benefits to participating hosts. Learn how to qualify and leverage this incentive for your STR.

3 days agoGeorgia85

Curated by Learn STR by GoStudioM