32 min listen
Everything has Changed.
FromSTRonomics
ratings:
Length:
28 minutes
Released:
Apr 25, 2024
Format:
Podcast episode
Description
This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries.
In this episode of STRonomics, hosts Bill Faeth and Kenny Bedwell explore effective investment strategies for short-term rental hosts amidst the challenges of increased regulation, market saturation, and rising interest rates. The discussion covers the importance of dynamic pricing, understanding property value within the market, and strategically managing minimum night stays to boost booking rates and revenue. Insights from their experiences and tips for maximizing occupancy and profit, especially during the off-peak seasons, are shared.
00:00 Navigating the Complex World of Short-Term Rentals
00:28 Introducing Market My STR: The Ultimate Marketing Platform
01:36 Deep Dive into Pricing Strategies for Short-Term Rentals
04:46 Understanding Property Types and Their Impact on Pricing
13:47 The Importance of Tracking and Adjusting Your Pricing Strategy
19:58 Exploring Minimum Night Stays and Their Effect on Bookings
25:46 Tailoring Pricing Strategies to Individual Properties
27:27 Closing Thoughts and Contact Information
We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/
Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
STR Data Hosts Facebook Page
Instagram: Kenny_Bedwell
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
Build STR Wealth: https://buildstrwealth.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of STRonomics, hosts Bill Faeth and Kenny Bedwell explore effective investment strategies for short-term rental hosts amidst the challenges of increased regulation, market saturation, and rising interest rates. The discussion covers the importance of dynamic pricing, understanding property value within the market, and strategically managing minimum night stays to boost booking rates and revenue. Insights from their experiences and tips for maximizing occupancy and profit, especially during the off-peak seasons, are shared.
00:00 Navigating the Complex World of Short-Term Rentals
00:28 Introducing Market My STR: The Ultimate Marketing Platform
01:36 Deep Dive into Pricing Strategies for Short-Term Rentals
04:46 Understanding Property Types and Their Impact on Pricing
13:47 The Importance of Tracking and Adjusting Your Pricing Strategy
19:58 Exploring Minimum Night Stays and Their Effect on Bookings
25:46 Tailoring Pricing Strategies to Individual Properties
27:27 Closing Thoughts and Contact Information
We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/
Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
STR Data Hosts Facebook Page
Instagram: Kenny_Bedwell
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
Build STR Wealth: https://buildstrwealth.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Apr 25, 2024
Format:
Podcast episode
Titles in the series (91)
Is the STR Gold Rush over? by STRonomics