Insight
CEOs waste 30 to 50 percent of their time on low-value activities.
Are We Buying a Hotel???
Summary
This article discusses the changing landscape of the STR industry, with a focus on acquiring existing vacation rental communities or boutique hotels. It highlights the importance of due diligence, understanding revenue management, and strategic decision-making in navigating the current market. Hosts should consider evaluating their own revenue management routines and staying informed on strategic CEO-level actions to improve their business.
Key takeaway