#airbnbbusiness

Michael ChangOct 14, 20240m 42s1.3K viewsScore 80
Growth & Marketing
intermediate
Arbitrage
OTA Strategy
Market Research
M

Summary

AI-generated

Michael Chang responds to claims that Airbnb arbitrage is 'dying', asserting that in actuality arbitrage operators are thriving, because renters want apartments when they travel, and a safe and comfortable place to return to while they spend their travel time outside the property.

Key insights

  • An apartment-style Airbnb accommodation gives travelers the ability to cook breakfast, stay with their family, and watch TV in the living room, which you can't do in a hotel.

Mistakes to avoid

  • Don't assume the experiences that your guests will enjoy have to happen within the Airbnb; most will occur outside the property.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial