Insight
The Australian bushfires in Southeast Australia burned 1 million acres in six weeks.
What to Do When a Natural Disaster Hits Your STR Rental Business
Summary
This podcast episode discusses how to manage your STR during a natural disaster, using the Australian bushfires as a case study. Hosts should consider waiving cancellation fees and communicating with guests during such events. The episode also touches upon how these disasters will impact tourism and provides insights on long-term recovery strategies.
Key takeaway