VRS590 - Co-Hosting vs. Traditional Management: What Property Managers Need to Know with Thibault...

Vacation Rental Formula Business SchoolDec 18, 202448m 27s14 viewsScore 85
Growth & Marketing
intermediate
co-hosting
property management
Airbnb
direct booking
owner acquisition
M

Summary

AI-generated

This video explores Airbnb's new co-hosting network, analyzing its potential impact on traditional property management companies. Learn about the opportunities and challenges presented by this shift, and strategies for property managers to adapt and thrive in a changing market.

Key insights

  • In Europe, Booking.com has been gaining significant market share from Airbnb in the property manager segment, highlighting the importance of diversification.

Mistakes to avoid

  • Relying solely on one platform like Airbnb for all bookings can be risky, as platform changes or bans can severely impact a business's revenue and operations.

Tools & resources

  • THRIVE Essentialscourse

    THRIVE Essentials is a training program designed for onboarding new vacation rental property management staff.

Frequently Asked Questions

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