EP012: Airbnb and Property Management in Medellin with Andrew Campion

EP012: Airbnb and Property Management in Medellin with Andrew Campion

over 11 years agoScore: 75
Pricing & Profitability
Revenue Management
Pricing Strategy
Dynamic Pricing
Market Research
ADR

Summary

This Get Paid for Your Pad episode discusses revenue management for STRs. Jasper Ribbers explains how to build a daily and weekly pricing routine, emphasizing the importance of analyzing booking behavior and market data for effective 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.

Action Items

  • Schedule a daily and weekly pricing review routine to stay ahead of the market.
    Effort: low
    Impact: medium
  • Review your booking data to identify patterns in pricing and demand.
    Effort: low
    Impact: medium

Tools & Resources

  • Freewyld Foundry: Learn more about Freewyld Foundry

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