Tools and Systems That We Use to Streamline Our Hosting Business
Summary
This article discusses tools and systems for streamlining Airbnb hosting, including home automation (digital locks, thermostats, and noise monitoring), and revenue management routines. Hosts can learn how to automate guest code processes and implement a consistent revenue management approach to improve profitability.
Key Insights
- •Consistent routines in revenue management are more important than any single pricing rule.
- •Small daily price changes can increase exposure on OTAs.
- •The previous host tracked bookings with pen and paper and managed outdoor lights manually, highlighting the potential for automation.
Action Items
- ✓Take time for the onboarding process when implementing new technology.Effort: lowImpact: medium
- ✓Build SOPs around how to use new technology.Effort: mediumImpact: medium
- ✓Review bookings daily and weekly to understand market signals and pricing opportunities.Effort: mediumImpact: high
Tools & Resources
- →Wheelhouse: Wheelhouse
- →Get Paid For Your Pad: Get Paid For Your Pad (GPFYP) on Apple Podcasts
- →Freewyld Foundry: Freewyld Foundry
- →Schlage Encode Locks: Schlage Encode digital locks
- →NoiseAware: NoiseAware
- →RemoteLock: RemoteLock
- →Hostfully: Hostfully to import info at booking
- →Breezeway: Breezeway
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