Airbnb Hosts: Don't Confuse Hospitality with Generosity

21.9K viewsPublished: November 22, 20176m 53sScore: 82
Pricing & Profitability
intermediate
Profitability
Expenses
Pricing Strategy
Revenue Management
Amenities

Summary

Richard shares the importance of balancing hospitality with generosity to maximize profitability and maintain the long-term success of your STR business. He breaks down how hosts should avoid overspending on amenities and necessities that don't significantly enhance guest experiences, and instead focus on providing value and delighting guests without excessive costs.

Related Videos

More from Pricing & Profitability

KC has ‘highest occupancy’ of World Cup cities. Is effort to add rentals working? - Kansas City Star

This article discusses Kansas City's high occupancy rates compared to other World Cup host cities, raising questions about the effectiveness of efforts to increase short-term rental availability. It implicitly touches on market trends and the impact of major events on the STR market. The article likely explores whether increased rental supply can meet demand while analyzing the city's approach to STRs.

1 day agoKansas City, MO75
Best Mountain Towns Where Homes Deliver the Strongest Airbnb Returns - Realtor.com

Realtor.com's report on best mountain towns for Airbnb returns reveals key locations for STR investment. The analysis likely includes data on occupancy rates, ADR, and RevPAR to identify profitable markets. Understanding these trends helps hosts optimize pricing strategies and choose lucrative destinations.

1 day ago85
Airbnb offers $750 incentive for some Ga. hosts during FIFA World Cup - WRDW

Airbnb is offering a $750 incentive for some hosts in Georgia during the FIFA World Cup, potentially boosting occupancy and profitability. This program seeks to capitalize on increased demand from the international event, offering financial benefits to participating hosts. Learn how to qualify and leverage this incentive for your STR.

3 days agoGeorgia85

Curated by Learn STR by GoStudioM