How Avant Stay Scaled Their Hospitality Brand to 1,500+ Units in Less Than 5 Years

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Published: November 18, 2022
Hosting Operations

Summary

This article discusses how AvantStay scaled their STR business to over 1,500 units by leveraging technology, high-end amenities, and building a trusted brand. It highlights key elements needed to gain guest trust and scale a short-term rental business, along with revenue management and CEO time management. Consider implementing daily and weekly pricing routines and prioritizing tasks as a CEO.

Key Insights

  • There are 23,000 short-term rental companies in the US, but the industry is fragmented.
  • AvantStay has scaled its hospitality brand to 1500+ units in less than 5 years.

Action Items

  • As a CEO, rethink priorities and recognize patterns inside your business.
    Effort: medium
    Impact: high
  • Implement daily and weekly pricing routines.
    Effort: low
    Impact: medium

Tools & Resources

  • Freewyld Foundry: Learn more about Freewyld Foundry → https://www.freewyldfoundry.com(freewyldfoundry.com)
  • Freewyld Foundry: Get a Free Revenue Review → https://www.freewyldfoundry.com/report(freewyldfoundry.com/report)
  • AvantStay: Use code GPFYP250 for $250 off your next stay at AvantStay.

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