Forget BNBBUST, We’re Going All-In on STRs (Ep539)
Summary
This podcast episode discusses the current state of the short-term rental market, addressing the #BNBBUST trend and offering insights on navigating market fluctuations. Hosts are encouraged to focus on building unique hospitality brands to thrive in 2023 and beyond.
Key Insights
- •The article suggests that a slight downturn in the short-term rental market does not necessarily indicate a bubble burst.
- •The maturing STR market requires hosts to move beyond 'list-it-and-forget-it' strategies.
Action Items
- ✓Consider developing a unique hospitality brand to differentiate your listings.Effort: mediumImpact: medium
Tools & Resources
- →STR Profit Academy: The episode mentions the STR Profit Academy.
Watch Out For
- ⚠The episode warns against allowing doubt to dictate decision-making in your Airbnb business.
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