How to manage Airbnb Slow Season

Michael ChangNov 30, 20220m 42s79 viewsScore 70
Pricing & Profitability
intermediate
Revenue Management
Pricing Strategy
Seasonal Pricing
Profitability
Occupancy
M

Summary

AI-generated

In this video, the host talks about how to manage airbnb slow seasons, like the fall. They state that in the summer they are often making so much money, that they just hold onto it so they can get by when it slows down. However, they mention that they spent a lot on moving costs, which hurt their profits a lot.

Key insights

  • Even with a 10% downturn, operating aggressively to secure bookings is important to maintain profitability through the slow season.

Mistakes to avoid

  • Failing to plan for moving costs can severely cut into profits, especially when relocating a large number of properties.

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