Minimize the Airbnb risks by researching researching researching ✍🏽

343 viewsabout 2 years ago0m 57sScore: 80

Stayly

Getting Started
beginner
Market Research
Pricing Strategy
Profitability
Airbnb
OTA Strategy

Summary

This video emphasizes the importance of thorough research when starting an Airbnb business to minimize risks. It recommends using tools like PriceLabs and Stayly to analyze market data, estimate property income, and compare similar properties. By doing so, hosts can set realistic expectations for revenue and profitability, provided they effectively manage their Airbnb from furnishing to staging.