Cash flow based financing for short-term rental hosts
Summary
This article from Get Paid For Your Pad discusses revenue management routines for short-term rentals, specifically focusing on daily and weekly pricing workflows. Hosts should schedule revenue management, review bookings, and be mindful of booking windows and last-minute adjustments to optimize pricing.
Key Insights
- •Early bookings can indicate underpricing or upcoming events.
- •Revenue management must be scheduled, not reactive.
- •Reviewing every booking reveals pricing and demand signals.
- •Last-minute inventory tells you about demand and visibility.
Action Items
- ✓Schedule revenue management, don't be reactive.Effort: lowImpact: medium
- ✓Review every booking to reveal pricing and demand signals.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com/)
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Curated by Learn STR by GoStudioM