Growing an STR property portfolio with Hospitable Direct

HospitableSep 27, 20238m 19s236 viewsScore 85
Growth & Marketing
intermediate
direct booking
Hospitable Direct
guest verification
repeat guests
portfolio growth
M

Summary

AI-generated

Learn how to grow your short-term rental portfolio by implementing a direct booking strategy. This video covers leveraging technology like Hospitable Direct for guest verification and insurance, and using in-unit marketing to encourage repeat direct bookings.

Key insights

  • The host aims for all repeat business to be direct, believing it offers better deals for both guests and owners compared to relying solely on OTAs.

Mistakes to avoid

  • Not having insurance and guest verification in place can make owners hesitant to pursue direct bookings, fearing potential property damage and associated costs.

Tools & resources

  • Smartbnb / Hospitabletool

    Smartbnb (now Hospitable) was chosen for its unified inbox, messaging capabilities, custom codes, and calendar organization, preventing double bookings.

Frequently Asked Questions

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