Airbnb News Update April
Summary
This 'Get Paid For Your Pad' episode discusses STR revenue management routines, CEO focus, and why STR pricing is more complex than hotel pricing. Hosts should schedule revenue management routines and identify their biggest business bottlenecks to improve profitability.
Key Insights
- •The article highlights 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.
- •STR pricing is dramatically harder than hotel pricing due to product uniqueness, booking windows, operational constraints, and cancellation risks.
Action Items
- ✓Identify the biggest bottlenecks in your STR business.Effort: lowImpact: medium
- ✓Review bookings daily to reveal pricing and demand signals.Effort: lowImpact: medium
- ✓Schedule revenue management; don't be reactive.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Get a free revenue review.
- →Freewyld Foundry: Learn more about Freewyld Foundry
Watch Out For
- ⚠Most hosts underperform because they lack consistent routines in revenue management.
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