Insight
STR pricing is dramatically harder than hotel pricing due to factors like product uniqueness (every listing is a 'mini-hotel'), the impact of booking windows, and operational constraints.
How the Coronavirus impacts Airbnb hosts Part 5
Summary
This article is a compilation of insights from "Get Paid For Your Pad" podcast episodes. It covers revenue management routines, CEO strategies for STR businesses, and a comparison between hotel and STR revenue management. Hosts should pay attention to revenue management practices, CEO-level focus, and the unique challenges in STR pricing.
Key takeaway