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Top Interior Design Resources for Airbnbs
Summary
This article is a transcript from a podcast episode on Get Paid for Your Pad and discusses interior design resources for Airbnbs, revenue management routines, and CEO focus for STR businesses. Hosts should consider the suggested resources to improve their STR's design and revenue management.
Key Insights
- •STR pricing is dramatically harder than hotel pricing, due to product uniqueness and hyper-fragmented demand curves.
- •Eric recommends resources for designing your short-term rental.
- •Citing research showing that CEOs waste 30 to 50 percent of their time on low-value activities, Eric explains why this problem becomes more dangerous as STR businesses grow.
- •Jasper breaks down the real-world revenue management cadence professional STR operators follow to stay ahead of their market.
Action Items
- ✓Consider using Den Outdoors as a partner for new tiny home projects.Effort: mediumImpact: medium
- ✓Recognize patterns inside your business, and identify the true bottlenecks that require CEO-level attention.Effort: mediumImpact: high
- ✓Review every booking to reveal pricing and demand signals.Effort: lowImpact: medium
Tools & Resources
- →Den Outdoors, Modsy, Yardzen, Fulhaus: Eric’s recommended resources for designing your short-term rental.
- →Freewyld Foundry: Freewyld Foundry provides a free revenue review.(https://www.freewyldfoundry.com/report)
More from Hosting Operations
Coachella cancellations caused significant distress for festival-goers. This situation highlights the potential for booking disruptions and the importance of thorough planning and communication. Hosts should consider the impact of local events on their bookings and proactively manage guest expectations to avoid negative experiences.
The Coachella festival's last-minute cancellation caused significant distress among attendees, highlighting the importance of reliable accommodations during major events. This incident underscores the need for hosts to understand potential disruptions and have contingency plans. Hosts should consider communication strategies and cancellation policies to mitigate negative impacts.
Coachella attendees are reporting that Airbnb hosts canceled their bookings at the last minute and then relisted the rentals at higher prices. This has led to frustration and potential financial losses for guests who had planned their trips around these bookings. This situation highlights the importance of host reliability and the impact of opportunistic behavior on the guest experience.
Curated by Learn STR by GoStudioM


