Recession VS Airbnb - 10 Principles to manage a down market

9.5K viewsalmost 6 years ago22m 16sScore: 78

Sean Rakidzich

Pricing & Profitability
intermediate
Revenue Management
Pricing Strategy
Expenses
Profitability
Occupancy

Summary

Sean Rakidzich provides 10 principles for Airbnb hosts to follow to manage their businesses through an economic downturn. He advises hosts to stay informed about the economy, take action, prioritize cash, focus on what works, lean up operations, monitor data, develop split market strategies, practice solid leadership, be honest with stakeholders, and prepare to take advantage of market downturn opportunities.