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Strategies for Growing a Property Management Business
The chapter explores the conversation surrounding the growth and success of property management businesses, drawing parallels with the hotel industry to learn best practices. It emphasizes the importance of studying successful operators in hotels for insights on scaling, quality control, and business strategies. The discussion delves into the evolution of amenities, the concept of boutique hotels, and the need for continuous investment in property upgrades to stay ahead in the competitive short-term rental industry.