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How Mixing MTR & STR Can Hurt Your Revenue

How Mixing MTR & STR Can Hurt Your Revenue

FromSTRonomics


How Mixing MTR & STR Can Hurt Your Revenue

FromSTRonomics

ratings:
Length:
16 minutes
Released:
Jun 15, 2023
Format:
Podcast episode

Description

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.
Bill and Kenny strategize about Mid Term Rentals Vs Short Term Rentals and why mixing the two on a singular listing can be bad news. Kenny shares the story of how an unusual month-long rental moved his property from the first page to the fourth page of Airbnb. Bill expands on the importance of keeping a close eye on your annualized revenue rather than your month-to-month. You can’t miss this episode!
[00:03] Introducing STRonomics
[01:05] Off-Season Rentals
[01:50] Story by Kenny
[02:47] Consequence of MTR
[05:00] Snowbirds At The Beach
[06:30] Dropping Rates
[07:45] How Kenny Got It Back
[09:55] Looking At Your Annualized Revenue
[12:25] What Will Alter Your Rankings
[13:00] Using MTR As A Strategy
[15:04] In Closing
Learn the strategies and secrets you need in this one-day virtual event to increase bookings without having to simply drop your prices! Click Here for more info > Maximizing Revenue Event
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Released:
Jun 15, 2023
Format:
Podcast episode

Titles in the series (91)

Increasing regulation, market saturation, and rising interest rates... Still think short term rentals make sense? You're not alone. Join industry experts Bill Faeth, successful STR host and investor, and Kenny Bedwell, founder of STR Insights and data junky, as they discuss how you can invest in this lucrative industry while still staying ahead of the curve, identifying trends before they happen - or blowing them outright with their own insights! The short term rental industry is booming and there are many benefits to investing in this type of property. Whether you’re a first-time investor or looking for your next investment, we have insights that will help guide the way forward!