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Here’s how I got started
Summary
The speaker shares his early experiences in short-term rentals, starting with seven properties in Sweden in 2016 and growing to twenty-seven properties within two years. He also discusses the challenges of scaling, including being scammed by a virtual assistant (VA) and learning the importance of managing expenses.
More from Getting Started
Airbnb is offering a $750 bonus to first-time hosts during the World Cup. This is a promotional incentive to encourage new listings, potentially boosting the supply of available accommodations. Hosts can leverage this opportunity to offset startup costs and generate early revenue. The impact is increased competition in the market.
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Activist investors are increasingly targeting the travel industry, creating potential shifts in business models. This trend, fueled by the post-COVID period and pent-up demand, is evident in actions against major companies like Southwest Airlines, Norwegian Cruise Line, and Tripadvisor. Hosts should monitor these broader market influences and how they may affect the travel and short-term rental landscape.
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