How to Avoid Hosting Problem Guests in Your Airbnbs
Summary
This article discusses risk management for STR hosts, focusing on guest screening and protection against fraud and damage. It highlights Superhog, a tool that helps hosts confirm guest identities and improve the booking experience, and includes insights on revenue management routines and CEO focus. Hosts should consider implementing risk management strategies and explore tools like Superhog to protect their investments and optimize their operations.
Key Insights
- •85% of guests prefer a protection option that improves the guest experience and garners more reviews.
- •CEOs waste 30 to 50 percent of their time on low-value activities.
Action Items
- ✓Review bookings daily to reveal pricing and demand signals.Effort: lowImpact: medium
- ✓Consider implementing risk management strategies to screen guests and protect against fraud and damage.Effort: lowImpact: medium
Tools & Resources
- →Superhog: Superhog enables a safer booking experience.
- →Get Paid For Your Pad: Get Paid For Your Pad podcast.
Watch Out For
- ⚠The biggest revenue mistake most STR operators make isn’t their pricing tool… but the lack of a daily and weekly pricing routine.
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