The Shift in Stay: How Shorter Bookings Are Changing the Game for STR Hosts
Summary
This video discusses the trend of shorter stays in the STR market, noting that the average length of stay in Australia is around 3.8 days and was previously closer to 7 nights. If the length of stay in your area is contracting, you may need to sell more to achieve your revenue goals. Hosts may need to increase spending and operational support to ensure profitability for shorter stays.
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