{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5afc793a028014b853c89db4/638d8d7d4f181600103c7a5a?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"3 Steps to Increase Your Airbnb Revenue 15-30% ","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5afc793a028014b853c89db4/1665766463515-6dec8550a7cd261d05ca750f0ae6e091.jpeg?height=200","description":"<p>Every short-term rental property is unique, and each guest values different property features when looking to book. Add to that travel trends are shifting quite dramatically right now, and it can be a gamble to rely on the data alone to set your pricing.</p><p><br></p><p>So how can you use the data to increase your revenue without increasing your risk?</p><p>&nbsp;</p><p><a href=\"https://bit.ly/3umyqBN\" rel=\"noopener noreferrer\" target=\"_blank\">John An</a> is the Founder &amp; CEO of <a href=\"https://bit.ly/3OYpmMX\" rel=\"noopener noreferrer\" target=\"_blank\">TechTape</a>, the Founder &amp; President of Ohana Stay, and a short-term rental industry expert who consistently brings in returns at 20% to 50% above market. He's also written a chapter in the soon-to-be-released, <a href=\"https://bit.ly/3Vn2ngp\" rel=\"noopener noreferrer\" target=\"_blank\"><em>The Book Direct Blueprint</em>.</a></p><p><br></p><p>On this edition of Get Paid for Your Pad, John walks us through his 3-step approach listeners can use to increase their Airbnb revenue.</p><p><br></p><p>We discuss how to align your risk tolerance with your pricing strategy and nightly rate to achieve your goal occupancy level.</p><p><br></p><p>Listen in as John shares his hands-on approach to combining data with human skill to increase your Airbnb revenue by as much as 15-30%.</p><p><br></p><h2>Topics Covered</h2><p><br></p><ul><li>John explains his thought process for revenue management</li><li>The issue with the data in the STR industry</li><li>What John looks at in the data increase revenue</li><li>The two ways to come up with your base price</li><li>What is the demand curve</li><li>Why pace is a more important data point than price when trying to increase revenue</li><li>John will share the 3 step approach listeners can use to increase their Airbnb revenue</li><li>Why you need to determine your risk tolerance or that of the owner of the property you are managing</li><li>Where your risk tolerance aligns with your pricing strategy</li><li>How to use the nightly rate as the lever to achieve your goal occupancy level</li><li>How to choose your time frames to establish an occupancy target</li><li>Why it's essential to 'keep your hands on the wheel' when adjusting your pricing strategy</li><li>Why the holistic view can tell you just as much as your revenue about how your guest avatar is really responding to your property</li></ul><p><br></p><h2>Connect with John An</h2><p><br></p><p><a href=\"https://bit.ly/3umyqBN\" rel=\"noopener noreferrer\" target=\"_blank\">John on LinkedIn</a></p><p><a href=\"https://bit.ly/3OYpmMX\" rel=\"noopener noreferrer\" target=\"_blank\">TechTape</a></p><p><br></p><h2>Resources</h2><p><br></p><p><a href=\"https://bit.ly/3Vn2ngp\" rel=\"noopener noreferrer\" target=\"_blank\"><em>The Book Direct Blueprint</em></a></p><p><a href=\"https://bit.ly/3XVv3z4\" rel=\"noopener noreferrer\" target=\"_blank\"><em>How to Pick Your Tech Stack for Your Short-Term Rental</em></a></p><p><a href=\"https://bit.ly/3pvXYdi\" rel=\"noopener noreferrer\" target=\"_blank\">Get Paid For Your Pad on YouTube</a></p><p><a href=\"https://bit.ly/3zMuXQK\" rel=\"noopener noreferrer\" target=\"_blank\">Get Paid for Your Pad Email List</a></p><p><a href=\"https://apple.co/38TJkrl\" rel=\"noopener noreferrer\" target=\"_blank\">Subscribe to GPFYP on Apple Podcasts</a></p><p><a href=\"https://bit.ly/3MYgnJ4\" rel=\"noopener noreferrer\" target=\"_blank\">FREE Airbnb Starter Guide</a></p><p><a href=\"https://bit.ly/3HD9VGb\" rel=\"noopener noreferrer\" target=\"_blank\">STR Profit Academy</a></p><p><a href=\"https://bit.ly/3tFZkEH\" rel=\"noopener noreferrer\" target=\"_blank\">Overnight Success</a></p><p>Email <a href=\"mailto:team@overnightsuccess.io\" rel=\"noopener noreferrer\" target=\"_blank\">team@overnightsuccess.io</a></p><p><br></p><h2>Sponsored By</h2><p><br></p><p><a href=\"https://bit.ly/3x3Hblc\" rel=\"noopener noreferrer\" target=\"_blank\">Legends X STR Accelerator</a></p>","author_name":"Freewyld Foundry"}