Learning Lessons from 13 Years’ Experience in the STR Industry
Summary
This article discusses insights from 13 years of experience in the STR industry, focusing on building a successful listing and the benefits of using technology. Hosts can learn from the best practices of successful hosts, and consider implementing tech early on to manage their properties more effectively.
Key Insights
- •Airbnb's success can be attributed to its focus on urban markets and young travelers.
- •Implementing technology early on in your Airbnb business can leverage best practices from the beginning and avoid mistakes.
Action Items
- ✓Hosts should invest in technology early on to streamline operations.Effort: mediumImpact: high
- ✓Consider asking friends for honest feedback on your listing to optimize it.Effort: lowImpact: medium
Tools & Resources
- →Hostfully: The article mentions Hostfully.
- →Breezeway: Koryn Okey is the Vice President of Client Experience at Breezeway, the leading property operations and services platform for short-term rentals.
- →Get Paid for Your Pad: The article mentions a Get Paid for Your Pad episode.
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