The Queen of unique Airbnbs: Build it and they will come
Summary
In this interview, Kristie Wolfe, known for her unique Airbnb properties like the Big Idaho Potato Hotel and Crystal Peak Lookout, discusses her approach to STR investing, focusing on data and the importance of considering worst-case scenarios. She explains how she got started on a shoestring budget, generating significant pre-bookings for properties that don't even exist yet, relying more on creating unique experiences than targeted marketing.
More from Getting Started
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
Curated by Learn STR by GoStudioM