STR Legends Mastermind Doors Are Open

STR Legends Mastermind Doors Are Open

over 3 years agoScore: 75
Hosting Operations
Revenue Management
Profitability
Pricing Strategy
Team Management
Market Research

Summary

This article discusses the opening of the STR Legends Mastermind program, a program offering resources and community for short-term rental hosts. Hosts can also learn about potential market changes due to rising travel costs and how to improve financing and combat rising interest rates. The article also touches on revenue management strategies and CEO focus in STR businesses.

Key Insights

  • Rising gas prices and travel expenses may cause changes in the STR market.
  • The article discusses the importance of scheduled revenue management, emphasizing daily and weekly pricing workflows.

Action Items

  • Hosts should develop and implement structured revenue management routines, including daily and weekly pricing reviews.
    Effort: medium
    Impact: medium

Tools & Resources

  • Get Paid For Your Pad: The article mentions Get Paid For Your Pad and the STR Legends Mastermind.
  • Freewyld Foundry: The article mentions Freewyld Foundry.

Watch Out For

  • The article warns that most STR operators 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.

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