20. $6M/Year From Boutique Hotels & STRs
Patryk Real Estate Show - Short Term Rentals
How to Automate Hotel Rentals
We go in and we find these hotels that have been run down, right? So all three have been multi-generation owners that passed it down. And there's basically just a lot of opportunity to make the property look nicer which then allows you to reposition it and charge more per night. You can cut a lot of expenses because a lot of them just have a lot of overhead with staff. We are taking the cleaning in house, just because it makes more sense to do that. But there's no front desk. When I say no staff, I mean, you don't have to go to a front desk and talk to somebody. It's all self checking, different demographic, a
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