EP004 – Guest Interaction, Interview w/ Kevin Koskella, Airbnb host from San Diego
Summary
This article is a collection of podcast episode summaries from "Get Paid For Your Pad" that cover revenue management, CEO focus in STR businesses, comparing hotel and Airbnb revenue management, and overcoming operational overwhelm. Hosts should review these topics to optimize their pricing strategies, improve operational efficiency, and avoid common pitfalls.
Key Insights
- •Countries like Germany, Brazil, Spain, England, and Argentina are expected to drive heavy international travel during the FIFA World Cup.
- •STR pricing is dramatically harder than hotel pricing due to factors like product uniqueness, booking windows, and operational constraints.
- •The article suggests that major cities such as New York, Los Angeles, Miami, and Mexico City may experience lower price elevation due to hotel supply.
Action Items
- ✓Review your booking data to spot underpricing or upcoming events.Effort: lowImpact: medium
- ✓Identify your business's biggest bottleneck and focus on solving it.Effort: mediumImpact: high
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry
- →Freewyld Foundry: Get a Free Revenue Review from Freewyld Foundry.
Watch Out For
- ⚠Most hosts underperform not because they lack tools, but because they don’t know what to look at, when to look at it, or how to interpret booking behavior once it shows up.
- ⚠Trying to fix everything at once slows growth.
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