The Short-Term Rental Hosts Spending Big to Trick Out Their Vacation Properties - The Wall Street Journal
Summary
This Wall Street Journal article highlights the trend of short-term rental hosts investing significantly in property upgrades. It explores the reasons behind this spending, from increasing competition to improving guest experiences, and the strategies hosts are using to differentiate their listings. This trend could reshape how hosts approach their properties.
Key Insights
- •The article highlights the trend of hosts investing heavily in upgrades.
Action Items
- ✓Analyze competitor listings to identify opportunities for improvement and differentiate your property.Effort: mediumImpact: medium
- ✓Consider investing in amenities to improve guest experience.Effort: mediumImpact: medium
- ✓Research popular local trends in design and amenities to attract guests.Effort: mediumImpact: medium
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