Airbnb may allow guests to cancel June bookings
Summary
This article is a collection of podcast episode summaries from "Get Paid For Your Pad" covering revenue management, CEO focus, and pricing strategies. Hosts can learn how to create pricing routines, understand market signals, and improve overall STR business strategies.
Key Insights
- •Revenue management must be scheduled, not reactive.
- •STR pricing is dramatically harder than hotel pricing, due to the unique nature of each listing. Booking windows shape revenue strategy in ways hotels never deal with.
- •Early bookings can indicate underpricing or upcoming events.
Action Items
- ✓Focus CEO time on high-ROI activities, not being busy.Effort: mediumImpact: high
- ✓Identify and address the biggest bottlenecks in your STR business.Effort: mediumImpact: high
- ✓Review every booking to identify pricing and demand signals.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Get a Free Revenue Review from Freewyld Foundry
- →Jasper Ribbers: Follow Jasper Ribbers
- →Eric Moeller: Follow Eric Moeller
- →Kaye Putnam: Follow Kaye Putnam
- →Freewyld Foundry: Learn more about Freewyld Foundry
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