How Sergio doubles his STR portfolio every year
Summary
This article discusses revenue management strategies for short-term rentals, including daily and weekly pricing routines, and the importance of analyzing booking behavior. Hosts should implement a structured approach to pricing and revenue management, reviewing bookings and adjusting strategies based on demand signals.
Key Insights
- •The article emphasizes that most hosts underperform not because they lack tools, but because they don’t know what to look at, when to look at it, or how to interpret booking behavior.
- •Early bookings can indicate underpricing or upcoming events.
- •Small daily price changes can increase exposure on OTAs.
Action Items
- ✓Review every booking to reveal pricing and demand signals.Effort: lowImpact: medium
- ✓Structure your revenue management time with a daily and weekly pricing routine.Effort: mediumImpact: high
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry.(https://www.freewyldfoundry.com)
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Curated by Learn STR by GoStudioM