Insight
STR pricing is dramatically harder than hotel pricing, due to factors like product uniqueness turning every listing into its own "mini hotel", the impact of booking windows, and operational constraints like cleaning and minimum stays.
How the Coronavirus impacts Airbnb Hosts (Part III)
Summary
This article is a compilation of episodes from the "Get Paid For Your Pad" podcast. It covers topics relevant to STR revenue management, CEO focus in STR businesses, and how STR pricing differs from hotel pricing. Hosts should pay attention to revenue management routines, CEO priorities, and the differences between STR and hotel pricing strategies.
Key takeaway