A host told me there are other companies that’s charge lower… so why aren’t they happy with them? 🤔

Mila Thee HostkeyperOct 5, 20230m 32s547 viewsScore 75
Pricing & Profitability
intermediate
Pricing Strategy
Profitability
Team Management
Expenses
M

Summary

AI-generated

In this video, Mila discusses the importance of not being too cheap as a short-term rental host, as it can lead to lower perceived value, difficulty in attracting quality clients, and burnout. She stresses the need to set prices that compensate both the host and the team adequately for their work.

Key insights

  • Undervaluing services can lead to burnout for both the host and the team.

Mistakes to avoid

  • Don't be too cheap, as it can deter quality clients and lead to spending excessive time with clients while not making enough money.

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