This property earns £90k per year | Property tips | Airbnb Coach

4.7K viewsover 3 years ago0m 46sScore: 75

Dave Cordner

Pricing & Profitability
intermediate
Revenue Management
Profitability
ADR
Multiple Properties
Pricing Strategy

Summary

Dave Cordner shares a property that generates £90,000 per year by converting it from a 5-bed HMO to a 7-room STR with en-suite bathrooms. By creating two more rooms, he was able to implement tiered pricing (standard, superior, and deluxe) that led to an overall revenue increase for the property.