How Avant Stay Scaled Their Hospitality Brand to 1,500+ Units in Less Than 5 Years
Summary
This article discusses how AvantStay scaled their STR business to over 1,500 units by leveraging technology, high-end amenities, and building a trusted brand. It highlights key elements needed to gain guest trust and scale a short-term rental business, along with revenue management and CEO time management. Consider implementing daily and weekly pricing routines and prioritizing tasks as a CEO.
Key Insights
- •There are 23,000 short-term rental companies in the US, but the industry is fragmented.
- •AvantStay has scaled its hospitality brand to 1500+ units in less than 5 years.
Action Items
- ✓As a CEO, rethink priorities and recognize patterns inside your business.Effort: mediumImpact: high
- ✓Implement daily and weekly pricing routines.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry → https://www.freewyldfoundry.com
- →AvantStay: Use code GPFYP250 for $250 off your next stay at AvantStay.
- →Freewyld Foundry: Get a Free Revenue Review → https://www.freewyldfoundry.com/report
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