Should You Quit?

8.0K viewsover 5 years ago19m 53sScore: 78

Sean Rakidzich

Pricing & Profitability
intermediate
Profitability
Expenses
Revenue Management
Occupancy
ADR

Summary

Sean Rakidzich discusses factors hosts should consider when deciding whether to quit their STR business, particularly during economic downturns. He focuses on personal and business expenses, potential income, and the value of accumulated knowledge, as well as the costs associated with closing and restarting a business.