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

Get Paid For Your Pad
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.

Related Videos

More from Hosting Operations

Airbnb property owner says fake elderly profile led to massive party, property damage over the weekend - Citrus Heights Sentinel

An Airbnb property owner in Citrus Heights reported a massive party and property damage caused by a guest using a fake elderly profile. This incident highlights the risks of fraudulent guest profiles and the potential for significant financial losses. Hosts should be aware of the security vulnerabilities on platforms like Airbnb.

about 14 hours agoCitrus Heights, CA85
Letter: Whistler traffic woes ‘not just about roads’ - Pique Newsmagazine

This article discusses traffic issues in Whistler, British Columbia, suggesting that road infrastructure alone isn't the sole cause. While not directly about STRs, it hints at broader issues like increased tourism and potential impacts on local services which can affect hosts. This impacts the guest experience and host operations.

about 18 hours agoWhistler, BC65
News article thumbnail
Minor Hotels Builds AI Stack From Scratch To Improve Personalization

Minor Hotels is developing an AI platform from scratch to enhance guest personalization. Unlike rivals layering AI onto existing systems, Minor's approach prioritizes real-time data for faster impact. This signifies a potential advantage in marketing, offering, and service improvements for their 640+ hotels and 12 brands.

about 18 hours ago65

Curated by Learn STR by GoStudioM