Insight
STR seasonality in Chicago shows a bell curve, with the peak season (when you make your money) from Summer to October.
From 0 To 165 Units in Two Years
Summary
This article discusses how a property management company, Hostly, navigated the COVID-19 pandemic. The CEO shares how they adapted by de-commissioning units, negotiating with landlords, and focusing on long-term relationships. Hosts can learn from their experiences with seasonality and cash flow management to prepare for market fluctuations.
Key takeaway