EP046: Sydney Airbnb Hosting With Steven Ryan

EP046: Sydney Airbnb Hosting With Steven Ryan

about 11 years agoScore: 78
Pricing & Profitability
Revenue Management
Dynamic Pricing
Pricing Strategy
Market Research

Summary

This article discusses revenue management strategies for short-term rentals, emphasizing the importance of a structured, scheduled approach over reactive pricing. Hosts should focus on analyzing booking data, understanding booking windows, and making small, consistent price adjustments to optimize revenue. The article also touches upon CEO-level strategies for scaling businesses and the differences between hotel and STR revenue management.

Key Insights

  • STR pricing is dramatically harder than hotel pricing, due to product uniqueness.
  • Small daily price changes can increase exposure on OTAs.
  • Early bookings can indicate underpricing or upcoming events.
  • The biggest revenue mistake most STR operators make isn’t their pricing tool… but the lack of a daily and weekly pricing routine.

Action Items

  • Review every booking to reveal pricing and demand signals.
    Effort: low
    Impact: medium
  • Make sure to schedule revenue management, instead of being reactive.
    Effort: low
    Impact: medium

Tools & Resources

  • Freewyld Foundry: Learn more about Freewyld Foundry.

Related News

An Alarming 75% of Homes Are Too Expensive For Buyers

This article discusses the current housing market and highlights the affordability crisis, with rising rents and interest rates. It emphasizes the importance of understanding renter affordability and offers strategies for investors, including exploring off-market deals and considering ADUs, to adapt to the changing landscape.

1 day ago75

Zillow Forecast: Best and Worst Housing Markets of 2026

This BiggerPockets article discusses Zillow's 2026 housing market forecast, highlighting slowing growth in most US markets. Hosts should pay attention to regional variances, as affordability in an area directly impacts home values and consequently, rental income potential.

2 days ago75

The Most Encouraging Sign in 3 Years | Dec. 2025 Housing Market Update

This BiggerPockets article discusses the December 2025 housing market update, highlighting a potentially encouraging sign for the housing market with improving affordability due to relatively flat prices and declining mortgage rates. Hosts should pay attention to regional market differences, particularly in Florida and the Gulf region, and consider refinancing if they have mortgages with higher interest rates.

3 days ago78
Middle East Leads Global Travel as Live Tourism Fuels Record Growth

Middle East Leads Global Travel as Live Tourism Fuels Record Growth

The Middle East and Africa experienced an 8% increase in travel growth in November, driven by live events and expanded connectivity. Hosts in those regions may benefit from this travel surge. Consider adjusting pricing or marketing strategies to capitalize on increased demand.

4 days ago75