Direct bookings for Airbnb are bad? #shorts #directbookings

James SvetecOct 31, 20220m 54s150 viewsScore 75
Growth & Marketing
intermediate
Direct Booking
OTA Strategy
Revenue Management
Multiple Properties
Airbnb
M

Summary

AI-generated

James Svetec shares his opinion on whether direct bookings for Airbnb are worth the time and effort for most investors. He suggests focusing on acquiring new properties or joint venture partnerships instead of dedicating time to driving traffic to a direct booking website. He recommends Hostaway as a channel manager for setting up a direct booking site if you still want to pursue it.

Key insights

  • It's more worthwhile to focus on acquiring new properties or forming joint venture partnerships to scale more effectively than investing time in driving traffic to a direct booking website.

Mistakes to avoid

  • Don't assume that building a direct booking website is the best use of your time; for most hosts, it's not worth the investment compared to acquiring new properties or partnerships.

Tools & resources

  • Hostawaytool

    Channel management software to setup your direct booking website.

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